54 Corniche Drive #E
About This Property
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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 |
|---|---|---|---|
| Jun 23, 2021 | Sold | ||
| Sold | |||
| Jun 1, 2021 | Listed by Edward Jacuinde Real Estate | $665,000 | |
| Listed by Edward Jacuinde Real Estate | |||
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