40 Corniche Drive #C
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | Listed by Pacific Sotheby's Int'l Realty | $725,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Apr 13, 2023 | No longer available | - | |
| No longer available | |||
| Mar 12, 2023 | In contract | - | |
| In contract | |||
| Feb 27, 2023 | Listed by First Team Real Estate | $659,000 | |
| Listed by First Team Real Estate | |||
| | |||
|
LOCATION, LOCATION, LOCATION! ENJOY OCEAN BREEZES. THE PERFECT OPPORTUNITY TO OWN A LIGHT & BRIGHT CONDOMINIUM WITHIN THE PRESTIGIOUS GUARD GATED COMMUNITY OF RITZ POINTE IN MONARCH HILLS OF DANA POINT, AND AT AN AMAZING PRICE. THIS IDEAL END-UNIT HOME FEATURES A SINGLE-LEVEL AT THE MAIN LEVEL WITH NO INTERIOR STEPS, A SPACIOUS BEDROOM EN SUITE, A SIZEABLE DEN WITH A FIREPLACE & ACCESS TO A PRIVATE PATIO, A CONVENIENTLY LOCATED KITCHEN WITH STAINLESS APPLIANCES, A DINING/OFFICE AREA, AND ALL WITHIN STEPS OF THE DESIGNATED CARPORT PARKING SPACE. RESORT-LIKE AMENITIES OF THIS HIGHLY DESIRABLE COMMUNITY AFFORD A PRIVATE POOL, MULTIPLE SPAS, A CLUBHOUSE, GYM, AND PARKING. THE PROXIMITY OF THIS HOME WITHIN THE DEVELOPMENT AFFORDS AN OCEAN VIEW FROM THE DEN, WITH THE APPROVAL FROM THE HOA/CITY TO INSTALL A VIEW WINDOW. OCEAN/BEACH CLOSE, HARBOR CLOSE, WALKING TRAILS, BIKING TRAILS, SHOPPING, AND SURROUNDED BY WORLD-CLASS RESORTS & MULTI-MILLION DOLLARS ESTATES, HAVE A LIFESTYLE OF FEELING EVERY DAY IS A VACATION! The manager has listed the unit size as 735 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/17/2024
|
1 Bed
|
1 Bath
|
735 ft²
|
$725,000
1 Bed
1 Bath
735 ft²
|
$715,000
-1.38%
02/07/2025
|
John Russell
Bullock Russell RE Services
| |
|
02/27/2023
|
1 Bed
|
1 Bath
|
735 ft²
|
$659,000
1 Bed
1 Bath
735 ft²
|
-
-
|
Steven Abraham
First Team Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017