75
Map
7 Sailview
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.
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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, 2026 | Price Decreased |
$44,998,000
↓ $5M
(10%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by Luxe Real Estate | $49,998,000 | |
| Listed by Luxe Real Estate | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 18, 2020 | In contract | - | |
| In contract | |||
| Mar 29, 2020 | Listed | $6,900,000 | |
| Listed | |||
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Boasting views of the entire Newport Harbor from Catalina Island to Palos Verdes Peninsula. Nestled on a .43-acre lot on the top of Pelican Hill’s well-appointed community, this custom-built property exhibits privacy, luxury and functionality. Amongst the three levels are two staircases, an elevator, two garages, 8 Bedrooms, 7.5 Bathrooms, multiple bonus areas, and a charming detached casita. There is a large formal dining/meeting room leading to spacious kitchen area with center island, Viking six burner griddle range, two subzero refrigerators, two dishwashers, walk-in butler’s pantry, bread warmer and breakfast nook. Attached to the kitchen is a family room with two decks overlooking Newport Harbor. The mid floor adds a mini master suite plus office. The upper level quarters the main master bed, sitting area with fireplace and huge bath area with vanity, Roman bath spa, and multi-faucet shower. Enhancing the master suite is a room sized, walk-in, cedar lined closet. The opposite wing has three bedrooms, one with a private balcony and bath and the others sharing bath. The lower level stages the pool, with spa, two BBQ’s and outside bar. Centered inside is a fantastic entertainment room with walk-up bar seating 8 to 10 people, wine fridge and icemaker. In addition is a second two-car garage and large laundry area. The manager has listed the unit size as 8852 square feet.
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Property Highlights
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About Newport Coast
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017