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4325 Admiral Way
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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%.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 30, 2020 | In contract | - | |
| In contract | |||
| Mar 12, 2020 | No longer available | - | |
| No longer available | |||
| Mar 11, 2020 | Listed | $895,000 | |
| Listed | |||
| | |||
|
Marina water views and cool ocean breezes make 4325 Admiral Way the ideal place to live your CA dream. One of only three Villas at Westport that have water views. Built in 2003 and beautifully upgraded you will fall in love. Great floor plan with large gourmet kitchen with large center island that will be the ''heart of your home'' open to spacious family and dining rooms. Upstairs you will find three large bedrooms including the luxurious master suite.bathroom with stunning water views. This home provides you the beach lifestyle while living in affordable luxury. Ideally situated in the Marina near shops, restaurants, AND walking distance to the beach. Come live the good life relaxing at the beach, boating, enjoying fine dining in the evening and watching the sunset over the marina from your porch. This is truly a must see. The manager has listed the unit size as 2430 square feet.
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| Mar 8, 2020 | Price Decreased |
$895,000
↓ $4K
(0.4%) | |
| Price Decreased | |||
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About Channel Islands
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$9,500 /mo
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017