625 17th Street
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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 |
|---|---|---|---|
| Aug 30, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $5,195,000 | |
| Listed | |||
| | |||
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Rare opportunity to purchase a timeless American Martyrs cape cod home on the most desireable cul de sac street in Manhattan Beach! Situated mid block at the top of the hill on 17th street, this A+ location provides the space, views, and walkability you will not find anywhere else in Manhattan Beach. Ideal layout with 4 bedrooms all upstairs including a huge ocean view deck accessible from two south facing bedrooms. Large great room on the main level is extra spacious with the unique 50' wide lot. Great room opens up to the backyard with outdoor dining area, fire pit, and new saltwater jacuzzi. State of the art chef's kitchen with custom designed butcher block island, two full size ovens, 2 dishwashers, a built in steamer, Subzero refrigerator and wine refrigerator with 2 beverage drawers and walk-in pantry. Master suite with Carrara marble, his and hers walk in closets, and new plumbing fixtures. Basement has new flooring and is set up as a media room/5th bedroom. All new A/V system with a Savant smart system controlled by phone/ipad and Lutron lighting throughout. Massive three car garage with new epoxy flooring as well as custom cabinetry and slat wall for maximum storage. Completely updated in the last year with a new heating system, new water heater, upgraded A/V, refinished floors, new paint, new plumbing fixtures, saltwater jacuzzi, and much more! Bullseye location on a rare 50x125 lot within a short walk to the beach, shops, dining, and American Martyrs School.The manager has listed the unit size as 4348 square feet.
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| Jul 13, 2017 | Listed by Palm Realty Boutique | $5,195,000 | |
| Listed by Palm Realty Boutique | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017