54 Corniche Drive #A
About This Property
The manager has listed the unit size as 1165 square feet.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 6, 2020 | In contract | - | |
| In contract | |||
| Aug 2, 2020 | Listed | $585,000 | |
| Listed | |||
| Mar 28, 2018 | Sold | ||
| Sold | |||
| Dec 31, 2017 | Listed | $489,950 | |
| Listed | |||
| | |||
|
Located within the Monarch Beach 24 hour guard gated community of Ritz Pointe. Desirable corner end unit with ground level entry, no stairs at all and nobody below you in an interior location next to the clubhouse, pool & main spa area away from busy roads. Large kitchen with breakfast nook and slider to patio, formal dining room and living room with fireplace and slider to patio. Two big bedrooms at opposite ends of the home, each with walk in closets, 2 baths. Master bedroom has slider to patio. Enjoy wrap around patio extending from the master suite to the living room with 3 sliding glass doors, full size laundry room with storage and an additional storage closet just outside the front door to the right. Recent upgrades include LVP waterproof wood floor throughout the entire home, baseboards, LED recessed lighting in the kitchen, brand new water heater being installed this Friday along with new shutoff valves and angle stops at the sinks and toilets. Fees include water, sewer, trash & fire insurance on the building as well as exterior maintenance, grounds, renovated pool and clubhouse with gym, 2 spas and 2 guard gates and walk to beach trail direct from the community. A one mile walk or bike ride from your front door to the sand through the beautiful paved beach path through the Links Golf course along Salt Creek and under Coast Highway without ever walking on a City street. Low property tax rate with No Mello Roos.
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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 |
|---|---|---|---|---|---|---|---|
|
07/25/2024
|
2 Bed
|
2 Bath
|
1130 ft²
|
$855,000
2 Bed
2 Bath
1130 ft²
|
$840,000
-1.75%
09/16/2024
|
Danielle Tyler-Pires
Harcourts Prime Properties
| |
|
02/03/2022
|
2 Bed
|
2 Bath
|
1165 ft²
|
$850,000
2 Bed
2 Bath
1165 ft²
|
$875,000
+2.94%
02/22/2022
|
John Rennie
Pacific Sotheby's International Realty
| |
|
06/01/2021
|
2 Bed
|
2 Bath
|
1165 ft²
|
$665,000
2 Bed
2 Bath
1165 ft²
|
$685,000
+3.01%
06/18/2021
|
Edward Jacuinde
Edward Jacuinde Real Estate
| |
|
08/02/2020
|
2 Bed
|
2 Bath
|
1165 ft²
|
$585,000
2 Bed
2 Bath
1165 ft²
|
$590,000
+0.85%
08/31/2020
|
Kelly Mitchell
| |
|
12/31/2017
|
2 Bed
|
2 Bath
|
1165 ft²
|
$489,950
2 Bed
2 Bath
1165 ft²
|
$485,000
-1.01%
03/28/2018
|
John Sturdevant
Regency Real Estate Brokers
|
Building Info
About Dana Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017