72 Corniche Drive #C
About This Property
The manager has listed the unit size as 1130 square feet.
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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 |
|---|---|---|---|
| Aug 30, 2025 | Price Decreased |
$875,000
↓ $10K
(1.1%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$885,000
↓ $14K
(1.6%) | |
| Price Decreased | |||
| May 29, 2025 | Listed | $899,000 | |
| Listed | |||
| | |||
|
WALK OR BIKE TO THE BEACH!! Incredible opportunity at excellent price for this community! This GROUND level condo is located in the luxurious, 24 hour guard-gated community of Monarch Hills. Upgraded throughout this turnkey, corner unit features 2 bedrooms, 2 bathrooms and 1,130 square feet. Bright & clean kitchen boasts granite counter tops, & upgraded cabinetry, stainless appliances and recessed lighting. The living room enjoys a cozy fireplace which leads to private deck and laundry room. There are three separate sliding doors which lead access to the back patio. Bathrooms have upgraded cabinetry, granite counter tops and replaced low flow toilets. Both bedrooms have ceiling fans and walk-in closets. The master bedroom has remodeled shower with glass doors and design mosaic. This unit keeps you cool in Summer with central AC. There is a trolly you can ride in Summer which drops you at Laguna Beach or San Clemente for entertainment. Incredible resort like amenities include pool, spas, clubhouse and gym. One of the spas is set over looking the Monarch Beach Links Golf Course and Waldorf Astoria Monarch Beach Club and Resort with INCREDIBLE PANORAMIC AND OCEAN VIEWS!! Biking trails just outside of the community or walk the trail to Salt Creek Beach!!! Close to Dana Point Harbor, Ritz Carlton, dining and shopping!!
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| Apr 1, 2023 | No longer available | - | |
| No longer available | |||
| Mar 25, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/21/2023
|
2 Bed
|
2 Bath
|
1130 ft²
|
$795,000
2 Bed
2 Bath
1130 ft²
|
-
-
|
Kelly Edwards Rector
Keller Williams SELA
| |
|
05/27/2022
|
2 Bed
|
2 Bath
|
1130 ft²
|
$840,000
2 Bed
2 Bath
1130 ft²
|
-
-
|
Adam Nelson
Signature Real Estate Group
| |
|
06/21/2017
|
2 Bed
|
2 Bath
|
1154 ft²
|
$450,000
2 Bed
2 Bath
1154 ft²
|
$440,000
-2.22%
10/12/2017
|
Kimberly Hart
Hart Coastal Group
| |
|
06/02/2016
|
2 Bed
|
2 Bath
|
1200 ft²
|
$499,000
2 Bed
2 Bath
1200 ft²
|
$485,000
-2.81%
07/14/2016
|
Katarina Kuczera
First Team Real Estate
|
Building Info
About Dana Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017