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5115 Corbina Way
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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 |
|---|---|---|---|
| Sep 6, 2019 | Sold | ||
| Sold | |||
| Jul 13, 2019 | Listed by RE/MAX Gold Coast-Beach Marina Office | $1,225,000 | |
| Listed by RE/MAX Gold Coast-Beach Marina Office | |||
| Jun 8, 2016 | Sold | ||
| Sold | |||
| Apr 2, 2016 | Listed by RE/MAX Gold Coast-Beach Office | $999,000 | |
| Listed by RE/MAX Gold Coast-Beach Office | |||
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Location, location location! Custom beach home located in the wedge at Mandalay Shores west of Mandalay Beach Road. Located only a few homes from the sand. Upgrades include granite kitchen counters, top of the line, stainless appliances, rich cabinetry and travertine flooring. Bathrooms feature granite and slate. Wonderful, family friendly floorplan with main living area, kitchen and master suite on the second level. The living area offers an incredible tounge and grove ceiling that is copied in the large master suite. Both the great room and the Master bedroom have a fireplace. The downstairs features 2 bedrooms plus an office (which could be used as a 4th bedroom)one bath and laundry room. Roof top deck. The back patio is finished with hardscape and leads to a walking path inviting you to follow it just a few feet to the sand.
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About Oxnard Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017