42 YANKEE POINT Drive
About This Property
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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 2, 2018 | Sold | ||
| Sold | |||
| Jun 20, 2017 | Listed by Carmel Realty Company | $6,800,000 | |
| Listed by Carmel Realty Company | |||
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Inspired by the beauty and serenity of the Carmel Highlands, this magnificent private 1 acre site has ocean views that will capture your attention. It is not only the ocean that mesmerizes you, but the rock formations surrounding a spectacular cove leading to a private beach. The post-adobe house was completely re-built recently. You will appreciate the rustic use of redwood, ridge beam skylights, slate floors with radiant heat, the use of massive ironwork, all custom cabinetry and crafted windows and doors. The 2,843 sq.ft. home also has a 644 sq.ft. guest house offering a total of 4 bedrooms and 3 bathrooms. Located only 5 miles south of Carmel with the feeling of really being "away from it all"! A Nurturant for your Spirit!
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| May 27, 2014 | Sold | ||
| Sold | |||
| Jan 9, 2012 | Listed by Carmel Realty Company | $3,495,000 | |
| Listed by Carmel Realty Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017