7 Pacific Wave
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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 |
|---|---|---|---|
| Feb 19, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Dec 28, 2025 | Listed by Luxe Real Estate | $15,495,000 | |
| Listed by Luxe Real Estate | |||
| Jan 6, 2025 | Listed | $15,495,000 | |
| Listed | |||
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Recently constructed contemporary masterpiece in The Strand at Headlands - a coveted enclave located along the awe-inspiring Dana Point coastline. Sited behind the guard gates, the residence offers nearly 7,400 square feet of immaculately appointed, sleek interiors with an awe-inspiring exterior space, complete with one of the largest pools in the community. The straight-on views of the Pacific and Catalina Island begin at the entryway into this property, with its main level framed by two sets of full-height sliding glass doors spanning the length of the ocean-facing wall. Thoughtfully designed and executed, this floor offers the best in open entertaining space, with a glassed-in wine feature, living and dining areas, an office, and the home's impressive kitchen. Anchored by a bookmatched waterfall edge peninsula large enough to seat six, it boasts a cooktop and built-in coffee machine by Gaggengau, as well as a suite of Bosch appliances. Discreetly hidden, a large walk-in pantry maximizes the storage. Capitalizing on the views, the large balcony offers secondary dining and lounging areas. A modern floating staircase connects all three stories, with the upstairs dedicated to sleeping quarters. The soothing views of the Pacific extend to the primary retreat, complete with a balcony, a fireplace, and a sitting area. An expansive bathroom with a standalone ocean-facing tub, an oversized shower, and dual walk-in closets enhance the luxury of the owner's suite. Accessible by stairs and the home's elevator, the lowest level is the ultimate in California entertaining, with an impressive movie theater, a secondary living room, an Arabescato Corchia marble island, and beverage refrigerators. Blending seamlessly with the outdoors, this floor includes access to the impressive infinity edge pool with a spa, a conversation pit with a fire feature, and an outdoor kitchen. Offering privacy and convenience, the ensuite secondary bedrooms are found on both the upper and lowest levels. Property highlights include an elevator, interior and exterior security cameras, and a Control4 Smart Home system. Car enthusiasts will undoubtedly revel in the spacious four-car garage. The Strand is renowned for its residents-only amenities: a clubhouse with a pool, spa, and gym, as well as direct beach access.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017