512 Esplanade #203
About This Property
The manager has listed the unit size as 1924 square feet.
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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 |
|---|---|---|---|
| Jun 8, 2023 | No longer available | - | |
| No longer available | |||
| Apr 9, 2023 | In contract | - | |
| In contract | |||
| Feb 9, 2023 | Listed | $1,424,999 | |
| Listed | |||
| Nov 16, 2017 | Sold | ||
| Sold | |||
| Sep 29, 2017 | Listed | $1,099,000 | |
| Listed | |||
| | |||
|
Beautifully updated and quiet unit in the perfect location on the Esplanade. Very large single level home with spacious open rooms and a great floor plan. Remodeled kitchen with new cabinets, tile and appliances. Large master bedroom with ample closet space. Large master bath with separate soaking tub, oversized shower, his and hers sinks and extra closet space. Living room has a fireplace and opens to the balcony. Bar perfect for entertaining just off the dining room and living room. Laundry room with extra storage space. New flooring and paint throughout. New forced air heater. Secured building with intercom and elevator. Subterranean parking with two side by side parking spaces. Building amenities include: pool, spa, and bbq area. Clubhouse with pool table and bar that opens to the pool. Exercise room with sauna, changing rooms with bathrooms. A short walk to the beach, Redondo beach pier, shopping, fantastic restaurants and more!
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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 |
|---|---|---|---|---|---|---|---|
|
03/26/2025
|
2 Bed
|
2 Bath
|
2283 ft²
|
$1,795,000
2 Bed
2 Bath
2283 ft²
|
$1,850,000
+3.06%
04/22/2025
|
Julie Lyon
Lyon Stahl Investment Real Estate, Inc.
| |
|
10/17/2023
|
2 Bed
|
2 Bath
|
1924 ft²
|
$1,499,000
2 Bed
2 Bath
1924 ft²
|
-
-
|
Tiana Capper
Vista Sotheby’s International Realty
| |
|
02/09/2023
|
2 Bed
|
2 Bath
|
1924 ft²
|
$1,424,999
2 Bed
2 Bath
1924 ft²
|
-
-
|
Gabrielle Herendeen
Re/Max Estate Properties
| |
|
05/06/2022
|
2 Bed
|
2 Bath
|
1924 ft²
|
$1,299,000
2 Bed
2 Bath
1924 ft²
|
-
-
|
Stephanie Hart
Bennion Deville Homes
| |
|
03/07/2019
|
3 Bed
|
3 Bath
|
2843 ft²
|
$1,950,000
3 Bed
3 Bath
2843 ft²
|
-
-
|
-
| |
|
07/16/2018
| |
3 Bed
|
2 Bath
|
2283 ft²
|
-
3 Bed
2 Bath
2283 ft²
|
-
-
|
-
|
|
09/29/2017
|
2 Bed
|
2 Bath
|
1924 ft²
|
$1,099,000
2 Bed
2 Bath
1924 ft²
|
$1,115,000
+1.46%
11/16/2017
|
Natalie Koomen
Strategic Realty Inc.
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
2283 ft²
|
-
2 Bed
2 Bath
2283 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017