4501 Hampden Road
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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%.
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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 |
|---|---|---|---|
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Nov 8, 2019 | Listed by Pinpoint Properties | $7,699,000 | |
| Listed by Pinpoint Properties | |||
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Masterfully designed by renowned architect William Guidero, 4501 Hampden sits prominently on an expansive corner lot and accentuates sparkling ocean and Catalina Island views. This architecturally significant estate draws in an abundance of natural sunlight, framing the coastline and palms on the horizon. Planning excellence is showcased in form and function at each turn, while the lines between indoors and outdoors seem indiscernible. Innovative design components include a steel and glass Dutch door entry, a heated dining loggia, and custom 10 foot sliding doors that disappear into 33 feet of open engineered frontage. A chef’s kitchen boasts a Calacatta Vagli marble island, artistic pendant fixtures, elegant under-cabinet mood lighting, Thermador appliances, a Franke farmhouse sink, and a full-service butler’s pantry. The kitchen unfolds into the commodious great room with exaggerated ceilings and an appointed bar equipped with climate controlled wine display. European White Oak floors and rich stonework create a harmonious blend of texture throughout. Resort-style grounds embrace a courtyard, backyard pool with Baja bench and umbrella station, spa, fireplace, built-in barbecue, 3-hole putting green and professional grade turf. Cameo Shores has become one of the most coveted landings in Orange County; with private beach access gates, bluff-front trails to Crystal Cove, and a 10 minute walk to the action of Corona del Mar’s high-energy village scene.
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| Sep 25, 2017 | Sold | ||
| Sold | |||
| Mar 27, 2017 | Listed by Berkshire Hathaway Homeservice | $3,990,000 | |
| Listed by Berkshire Hathaway Homeservice | |||
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About Corona del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017