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5 Sundial
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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 |
|---|---|---|---|
| May 21, 2023 | No longer available | - | |
| No longer available | |||
| May 2, 2023 | In contract | - | |
| In contract | |||
| Apr 14, 2023 | Listed by Immel Team Luxury Real Estate | $5,395,000 | |
| Listed by Immel Team Luxury Real Estate | |||
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Located within the custom gates of Newport Coast’s premiere private community, Pacific Ridge. This four-bedroom, five-bathroom home sits on a prized oversized lot at the end of a private cul-de-sac with an elevated location with peekaboo views of ocean and canyon views. This private estate is situated on a street that only has 4 other homes on the cul-de-sac. The resort style Outdoor amenities comprise of a fireplace-warmed covered patio for year-round enjoyment, a custom built-in barbecues, a kitchenette, fire pit, custom pool, spa, and water features with a large California room. This incredible floor plan is highly sought after and extremely rare. It begins with a covered loggia entry and once you enter the home, you're immediately greeted by soaring ceilings of the Grand foyer and stairwell reminiscent of the finest hotels around the world, there are two large formal and casual living spaces throughout the home. Bespoke sets of French doors creating a seamless indoor-outdoor feel. Th large Family room joins the oversized kitchen featuring a colossal center island, bespoke-WOLF and Sub-Zero Appliances, walk in pantry and direct access to the courtyard and on-suite casita-guest house with separate entrance. Three additional on-suite bedrooms including the master suite with soaring ceilings, featuring his and hers dual walk in closets are found upstairs along with an enormous media room, which was the optional 5th bedroom from the builder. A perfect balance of indoor-outdoor living with 6 Fireplaces combined indoor and out, the most desirable architectural design in the neighborhood and a 3 car garage complete the home. Situated just moments from world class golf courses, John Wayne International Airport, Crystal Cove beaches, Fashion Island, upscale shopping and dining, an extraordinary lifestyle of luxury. This home is truly one of the finest Coastal California has to offer. The manager has listed the unit size as 3912 square feet.
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| Nov 23, 2022 | No longer available | - | |
| No longer available | |||
| Sep 22, 2022 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017