62 Corniche Drive #D
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%.
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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 |
|---|---|---|---|
| Sep 9, 2018 | No longer available | - | |
| No longer available | |||
| Sep 7, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Listed | $519,900 | |
| Listed | |||
| | |||
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Live your dream, live at the beach. Must-see rare ground floor unit WITH GARAGE is now available! Open and airy floor plan is ideal for that 2nd home at the beach, weekend hide away, or beach condo rental property. Recently upgraded, this property is an oasis away from the busy world around us. Light and bright with recessed lighting added throughout, freshly painted neutral walls, and upgraded Shaw Luxury wood-like flooring with modern baseboards are just a few of the newly added touches. Separate laundry room has full size laundry hook-ups and extra storage. Enjoy the walking trail to the sparkling blue Pacific, the renowned Ritz Carlton Hotel and Monarch Beach Resort! (Just under 1 mile) Monarch Hills has resort-like amenities include a sparkling pool, 3 spa's (1 with ocean view), gym, clubhouse and 24 hour manned guard gate. Conveniently located just a short way from the beautiful Dana Point Harbor, gourmet fine dining, the luxurious Cineopolis movie theater, shopping and so much more! Hurry!! This one won't last!! The manager has listed the unit size as 1200 square feet.
| |||
| Feb 15, 2018 | Listed by Pacific Sotheby's International Realty | $519,900 | |
| Listed by Pacific Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/21/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
-
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
| |
|
02/15/2018
|
2 Bed
|
2 Bath
|
1200 ft²
|
$519,900
2 Bed
2 Bath
1200 ft²
|
$520,000
+0.02%
09/07/2018
|
Philip Immel
Pacific Sotheby's International Realty
| |
|
07/13/2017
| |
2 Bed
|
2 Bath
|
1200 ft²
|
-
2 Bed
2 Bath
1200 ft²
|
-
-
|
-
|
Building Info
About Dana Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017