4907 Island View Street
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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.
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Oct 16, 2025 | In contract | - | |
| In contract | |||
| Oct 14, 2025 | Listed by Coldwell Banker Realty | $1,299,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 3, 2025 | Price Decreased |
$1,299,000
↓ $51K
(3.8%) | |
| Price Decreased | |||
| Jul 7, 2025 | Listed | $1,350,000 | |
| Listed | |||
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Location, location, location! Welcome to this charming single-story beach bungalow in Mandalay Shores, only one block from the sand. Brimming with vintage character and endless potential, this three-bedroom, two-bath single family home has been lovingly cared for by the same family for more than 40 years. Situated on desirable Island View Street with sidewalks, a front yard, and a cozy back patio, the home also offers a spacious garage with storage and additional parking accessible from Corbina Way--plus plenty of street parking on Island View. Filled with natural light and coastal charm, this sweet home is perfect as a weekend getaway or a full-time beach property. The spacious living area features an oversized rock fireplace, while the kitchen counters and cabinets, bathrooms and nearly all windows have been updated. Additional highlights include a newer furnace, air conditioning, an induction range and tile flooring in the entry and bedrooms. Enjoy daily yoga at Oxnard Beach Park, the Sunday farmers' market at the Channel Islands Harbor, and breathtaking sunsets along the coast. Life at the beach is calling!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017