48 Corniche Drive #B
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 |
|---|---|---|---|
| Jul 22, 2019 | Sold | ||
| Sold | |||
| May 16, 2019 | Listed by Harcourts Prime Properties | $489,000 | |
| Listed by Harcourts Prime Properties | |||
| | |||
|
The one you have been waiting for! Light and bright ground level unit. Perfectly situated in the complex for peaceful enjoyment of your home (does not look out onto the parking lot or back to Niguel or Camino Del Avion). Tastefully updated kitchen with stainless steel appliances, black quartz counters, Ann Sacks metallic glass tile backsplash and modern lighting. A spacious living room enjoyed year round with with a gentle breeze from the open patio door or the warmth of a cozy evening fire in the cooler months. Updates include easy care light wood laminate flooring throughout, a barn door for that modern touch and custom blinds for all the windows. A pop of color in the bedroom from the aquamarine and gold wallpaper (its removable) is a conversation starter for sure. Plenty of storage from the walk-in closet, lockable storage space at the entrance to your unit and more space in the full size laundry room located off patio. New cooling and heating system. Easy access carport space #249. This is a fantastic location in Dana Point just minutes to the beach, local shopping and restaurants. The community offers the most beautiful ocean and sunset views the from common area grounds. Amenities include a community pool, spa's, workout facility, clubhouse and guard attended gated entry to the community. Available furnished and with all appliances making for the perfect turnkey second home or furnished rental.
| |||
| Sep 2, 2014 | Sold | ||
| Sold | |||
| May 19, 2013 | Listed by Surterre Properties | $305,000 | |
| Listed by Surterre Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/13/2026
|
1 Bed
|
1 Bath
|
755 ft²
|
$669,900
1 Bed
1 Bath
755 ft²
|
$609,900
-8.96%
07/23/2026
|
John Rennie
Pacific Sotheby's International Realty
| |
|
05/15/2024
| |
1 Bed
|
1 Bath
|
755 ft²
|
$749,900
1 Bed
1 Bath
755 ft²
|
-
-
|
John Rennie
Pacific Sotheby's International Realty
|
|
05/13/2024
|
1 Bed
|
1 Bath
|
755 ft²
|
$699,900
1 Bed
1 Bath
755 ft²
|
$699,900
08/14/2024
|
John Rennie
Pacific Sotheby's International Realty
| |
|
10/26/2021
|
1 Bed
|
1 Bath
|
755 ft²
|
$620,000
1 Bed
1 Bath
755 ft²
|
-
-
|
Joanne Ortiz
Berkshire Hathaway H.S.C.P.
| |
|
05/16/2019
|
1 Bed
|
1 Bath
|
800 ft²
|
$489,000
1 Bed
1 Bath
800 ft²
|
$455,000
-6.95%
07/22/2019
|
Kara Welliver
Harcourts Prime Properties
| |
|
05/19/2013
|
1 Bed
|
1 Bath
|
800 ft²
|
$305,000
1 Bed
1 Bath
800 ft²
|
$275,000
-9.84%
09/02/2014
|
Mary Jeffries
Surterre Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017