500 Park Drive #114
About This Property
The first floor features a private bedroom suite that can serve as a guest room, home office or creative space. Upstairs, the main living level offers an open-concept kitchen, dining and living area that flows directly to an outdoor deck, creating an inviting space for both everyday living and entertaining. The upper level provides additional privacy, including a spacious owner's suite with a walk-in closet, along with another bedroom with its own en-suite bathroom.
The home also includes contemporary finishes such as quartz kitchen countertops, stylish cabinetry, recessed lighting and smart-home features including a Schlage Encode™ Wi-Fi deadbolt and Honeywell Home smart thermostat.
Located within the gated Manhattan Square master-planned community in Carson, residents enjoy access to a community swimming pool and a convenient South Bay location near Torrance, Long Beach, Redondo Beach, downtown Los Angeles, shopping, dining and Dignity Health Sports Park.
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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 |
|---|---|---|---|
| Oct 20, 2026 | In contract | - | |
| In contract | |||
| Oct 13, 2026 | Listed by Keller Williams Realty | $819,990 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/08/2026
|
3 Bed
|
2 Bath
|
1806 ft²
|
$919,990
3 Bed
2 Bath
1806 ft²
|
$919,990
09/29/2026
|
Cesi Pagano
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017