575 Esplanade #203
About This Property
The manager has listed the unit size as 1359 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 26, 2020 | In contract | - | |
| In contract | |||
| Aug 16, 2020 | Listed | $995,000 | |
| Listed | |||
| Aug 5, 2019 | Sold | ||
| Sold | |||
| Jun 10, 2019 | Listed | $1,026,000 | |
| Listed | |||
| |||
|
Looking for the perfect place to enjoy life? Check out this completely remodeled two bedroom plus two bath condominium in an Ocean Front building on the Esplanade. The intimate complex consists of only 22 units in three stories built around an open air landscaped courtyard with a bubbling fountain. Private two car parking and storage are conveniently located near the entry lobby.The building features direct access to the Beach and the walk and bike path to the Pier and Riviera Village shops and restaurants. The condo is new from floor to ceiling! A new kitchen with breakfast bar, formal dining room with glittery chandelier, living room with fireplace, private laundry facilities and wood floors and custom window coverings throughout. New fixtures and finishes too!Take the elevator to the second floor veranda. Open the door to #203 and enjoy the Esplanade Experience!
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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 |
|---|---|---|---|---|---|---|---|
|
08/16/2025
|
3 Bed
|
2 Bath
|
1510 ft²
|
$1,379,000
3 Bed
2 Bath
1510 ft²
|
$1,249,000
-9.43%
02/03/2026
|
Ed MacLaughlin
RE/MAX Estate Properties
| |
|
04/16/2025
|
2 Bed
|
1 Bath
|
1502 ft²
|
$2,099,000
2 Bed
1 Bath
1502 ft²
|
$1,762,000
-16.06%
10/09/2025
|
Christina Kaminsky Phillips
eXp Realty of California, Inc
| |
|
08/31/2024
|
2 Bed
|
2 Bath
|
1680 ft²
|
$2,275,000
2 Bed
2 Bath
1680 ft²
|
$2,135,000
-6.15%
10/30/2024
|
Judy D'Angelo
Compass
| |
|
04/10/2022
|
2 Bed
|
2 Bath
|
1502 ft²
|
$1,975,000
2 Bed
2 Bath
1502 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
08/16/2020
|
2 Bed
|
2 Bath
|
1359 ft²
|
$995,000
2 Bed
2 Bath
1359 ft²
|
-
-
|
-
| |
|
08/27/2019
|
3 Bed
|
2 Bath
|
1510 ft²
|
$1,145,000
3 Bed
2 Bath
1510 ft²
|
-
-
|
-
| |
|
06/10/2019
|
2 Bed
|
2 Bath
|
1359 ft²
|
$1,026,000
2 Bed
2 Bath
1359 ft²
|
$975,000
-4.97%
08/05/2019
|
Kurt Allen
Compass
| |
|
09/21/2017
|
2 Bed
|
1 Bath
|
1359 ft²
|
$859,000
2 Bed
1 Bath
1359 ft²
|
$840,000
-2.21%
04/05/2018
|
Mickey Turner
Estate Properties
| |
|
02/17/2017
|
2 Bed
|
2 Bath
|
1559 ft²
|
$1,390,000
2 Bed
2 Bath
1559 ft²
|
$1,330,000
-4.32%
05/16/2017
|
Stephany Chen
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017