43 Mainsail
About This Property
Large 3-bedroom 3-bath with over 2,550 square feet of living space ideally located in the prestigious resort community of Jasmine creek in the heart of Corona del Mar.
Unequal quality begins as you open the custom entry doors to the private door to the private interior entry of this totally redesigned and remodeled custom interior. Stone, tile, wood flooring throughout. Gourmet kitchen (see attached separate write up on the high-profile appliances) has a center island. Magnificent GREAT ROOM – living room with custom fireplace, dining room, gourmet kitchen and bonus room. Elegant powder room on this level. Custom lighting inside and out.
Love outdoor entertaining? Step out onto the private play area and sumptuous rear yard. Twin Eagles BBQ, refrigerator, outdoor heaters, fountain and Alliance outdoor lighting. There is a dining area and social gathering area. The atmosphere here is joyful.
The upper level houses the bedrooms and baths. The primary luxurious ensuite and two secondary bedrooms. Guest bedroom #1 has its own private deck to walk out and view a neighborhood park setting. Guest bedroom # 2 has a petite walk-in closet ideal as nursery, teen, workout, guest bedroom and/or artist studio. The hallway bath serves both secondary bedrooms.
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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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2025 | In contract | - | |
| In contract | |||
| Sep 15, 2025 | Listed by Wyrick & Associates Real Estate | $3,195,000 | |
| Listed by Wyrick & Associates Real Estate | |||
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About Corona del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017