46 Corniche Drive #C
About This Property
expanded kitchen with hard surface countertops, stainless steel appliances,
ceramic tile flooring ("plank style"), modern vanities with under mount sinks and hard surface countertops, dual glazed windows and patio doors, recessed led lighting,
"shaker" style fireplace mantle with custom tile work surrounding the fireplace,
"shaker" style interior doors with polished chrome lever handles,
"shaker" style baseboard and door trim throughout, and a
newer Bradford and White strapped water heater
Each bedroom features a walk-in closet, plus the Master bedroom includes an ensuite bath!
Over sized living room with gas fireplace.
The separate laundry room includes full size laundry hook-ups.
Make no mistake, this is where you want to be! Monarch Beach living is like vacation-living year around. Walking trail leads to the sparkling blue Pacific, the renowned Ritz Carlton Hotel and St. Regis Resort! (Just under 1 mile) Resort-like facilities include a resort-style pool, 3 spas' (1 with ocean view), and clubhouse. 24-hour guard gated Ritz Pointe community adjacent to the Monarch Beach Resort . Only a bike ride away from the Dana Point Harbor restaurants, shopping and more!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 23, 2020 | Sold | ||
| Sold | |||
| Feb 8, 2020 | Listed by Pacific Sotheby's International Realty | $504,900 | |
| Listed by Pacific Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/20/2021
|
2 Bed
|
2 Bath
|
1130 ft²
|
$799,000
2 Bed
2 Bath
1130 ft²
|
$850,000
+6.38%
07/28/2021
|
Katarina Kuczera
First Team Real Estate
| |
|
02/15/2021
|
2 Bed
|
2 Bath
|
1165 ft²
|
$639,900
2 Bed
2 Bath
1165 ft²
|
$655,000
+2.36%
04/22/2021
|
Carolyn Williams
| |
|
02/08/2020
|
2 Bed
|
2 Bath
|
1165 ft²
|
$504,900
2 Bed
2 Bath
1165 ft²
|
$505,000
+0.02%
03/23/2020
|
John Rennie
Pacific Sotheby's International Realty
| |
|
10/12/2019
|
2 Bed
|
2 Bath
|
1165 ft²
|
$510,000
2 Bed
2 Bath
1165 ft²
|
$505,000
-0.98%
10/22/2019
|
Patricia Cudlip
Berkshire Hathaway HomeServices
| |
|
02/05/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$525,000
2 Bed
2 Bath
1200 ft²
|
$525,000
03/21/2019
|
Craig Druckrey
Regency Real Estate Brokers
| |
|
01/28/2019
|
2 Bed
|
2 Bath
|
1200 ft²
|
$489,900
2 Bed
2 Bath
1200 ft²
|
$477,000
-2.63%
05/29/2019
|
John Rennie
Pacific Sotheby's International Realty
|
Building Info
About Dana Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017