421 Coates 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 6, 2019 | Sold | ||
| Sold | |||
| Jan 28, 2019 | No longer available | - | |
| No longer available | |||
| Oct 3, 2018 | Relisted | $2,595,000 | |
| Relisted | |||
| Oct 1, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $2,999,999 | |
| Listed | |||
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Life's a Beach at this Seacliff Bluff front home.Birds will serenade you when awakening to the sun rising over the Monterey Bay. The ocean will glisten sparkling like diamonds upon the sea.A place where whales breach, dolphins frolic & pelicans soar.Paddle boarders glide between Seacliff Beach,New Brighton and Capitola.Sailboats race with full spinnakers.Whitewater laps along the shoreline below.Enjoy the most restful night of sleep while dozing to the soothing sounds of the waves.It's hard to imagine daily life could be so good.Perhaps this is why we take vacations to tropical resorts just to enjoy a snip it of that dream!Turn your dream into a reality .1964sq ft is single level, living/ dining room combo, kitchen, plus two master bedrooms. The 784 ft Lower level has a private entrance, family room and master bedroom. 80 feet of ocean bluff frontage with expansive ocean views from a 9452 sq ft lot. In 1971 there was a double lot that was was merged during the 1973 remodel/ addition The manager has listed the unit size as 2748 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017