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6351 TANTALUS Drive
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 |
|---|---|---|---|
| Jul 28, 2022 | No longer available | - | |
| No longer available | |||
| May 21, 2022 | Relisted | $6,995,000 | |
| Relisted | |||
| May 12, 2022 | In contract | - | |
| In contract | |||
| May 5, 2022 | Listed by Pritchett-Rapf & Assoc. | $6,995,000 | |
| Listed by Pritchett-Rapf & Assoc. | |||
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Extraordinary 180 degree Ocean Views from Palos Verde to Point Dume surround this contemporary one story Malibu Oasis in the private neighborhood of Sycamore Park. Reimagined by Burdge & Associates, featuring indoor/outdoor flow perfect for entertaining with a relaxed Malibu Vibe. Gated courtyard, chef's kitchen with Ann Sacks tiles, 3 ocean view bedrooms including luxurious master suite with fireplace, sitting area, steam shower, soaking tub & patio with Sundance Spa. Featuring wrap around decks, 2 fireplaces, pergola, BBQ island, trellis with hanging beds, new 6 seat golf cart, private neighborhood access to Escondido Beach. Generac back up power generator, tennis membership available, outdoor shower, 2 Life Source water purification systems & bonus office/ bedroom. Indulgent serenity awaits. The manager has listed the unit size as 2979 square feet.
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| Oct 15, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017