4330 Opal Cliff 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 |
|---|---|---|---|
| Apr 8, 2019 | Sold | ||
| Sold | |||
| Dec 22, 2018 | Listed by Sereno | $7,400,000 | |
| Listed by Sereno | |||
| Jul 9, 2017 | Listed | $7,599,000 | |
| Listed | |||
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4330 Opal Cliff Dr. is a Matson Britton architectural masterpiece that stands apart as one of the Monterey Bay's unique homes. This retreat is an ode to ultra-luxury and the modern esthetic - a four-bedroom shrine perched atop Opal Cliffs scenic bluffs. The meticulous design took six years to complete and no expense was spared with exterior windows clad in solid bronze, a copper Diamond Spa, rare stone throughout, huge breathtaking pivot doors and a jaw dropping executive office. The expansive glass walls stand as a monument to the relationship between the ocean and shoreline. This palace of glass, grace, and beauty offers panoramic views of three world-class point waves as well as the quaint lights of the expansive Monterey Bay. The manager has listed the unit size as 3559 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017