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%.
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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 |
|---|---|---|---|
| Jul 22, 2019 | Sold | ||
| Sold | |||
| May 16, 2019 | Listed by Harcourts Prime Properties | $489,000 | |
| Listed by Harcourts Prime Properties | |||
| Sep 2, 2014 | Sold | ||
| Sold | |||
| May 19, 2013 | Listed by Surterre Properties | $305,000 | |
| Listed by Surterre Properties | |||
| | |||
|
REDUCED TO SELL! NO STEPS, main floor entry, nice front porch for your plants! Located by the pool! New black granite kitchen. Cheerful garden window looks out to greenbelt. Formal dining room, gas/wood burning fireplace. Wrap around balcony for outside entertaining. 9' walk-in closet! Separate laundry room with full size machines. Extra storage locker covered carport. Nature trail to Salt Creek beach, The Links golf course, Tennis club nearby too! Vacation all year round. Located in the Gate Guarded community of Ritz Pointe. This condominium has no steps, and is located near the pool and clubhouse facilities. The amenities include a workout room, main pool, jacuzzi and newly decorated clubhouse available for rent! A formal dining room together with the wrap around deck allows lots of places to settle down with your business or friends! The Nature trail to Salt Creek Beach is a plus of the community. Dining and services are nearby. Dana Point Harbor just a short distance. The community is contigious to the St. Regis Hotel and golf. enjoy a walk to the public library. Come live the good life! In the Monarch Beach enclave 3 square miles of luxury living..
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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