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541 STASSI Lane
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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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 26, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by Coldwell Banker Realty | $10,995,000 | |
| Listed by Coldwell Banker Realty | |||
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Discover a once-in-a-lifetime opportunity to own a masterwork architectural designed by the late Ray Kappe, FAIA, one of America's most pre-eminent and internationally revered architects. This sun-drenched Modernist home offers exceptional volume, with walls of glass that create a seamless flow between the expansive living, dining, and great rooms and the sparkling pool, all framed by breathtaking Amalfi Rim canyon views. Floating staircase leads to romantic, ocean view, primary suite aerie. Chef's kitchen with Miele and Wolf appliances, Arabescato waterfall island, and Walker Zanger finishes. Second floor surround sound screening room. Four ensuite bedrooms up, downstairs fifth bedroom doubles as guest suite or spacious light-filled office. Floor-to-ceiling glass wine wall cabinet. Control 4 home automation. SPORT COURT. Three-car garage with four additional parking spaces on the property. Street-to-street lot with direct access to Entrada, one block away from a rejuvenating morning workout at the Santa Monica Stairs. A rare and perfected example of Ray Kappe's celebrated modern design with blue water views overlooking cherished Santa Monica Canyon.
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| Oct 8, 2019 | Sold | ||
| Sold | |||
| May 2, 2019 | Listed by Coldwell Banker Residential Br | $7,995,000 | |
| Listed by Coldwell Banker Residential Br | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017