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720 Sandpiper Drive
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 21, 2020 | In contract | - | |
| In contract | |||
| Nov 17, 2020 | Listed | $2,500,000 | |
| Listed | |||
| | |||
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Showstopping custom home with breathtaking ocean views on The Hill in Seal Beach! One-of-a-kind home has flawless transitions for indoor/outdoor lifestyle. Curb appeal like no other with a west-facing Ocean View veranda that encompasses the entire front of the home. Modern Farmhouse meets The Palace, that is the vibe when you open the front door. Open beam soaring ceilings, elegant yet functional kitchen centered by a sophisticated sunken living room. The main home has 5 fabulous bedrooms, (including 2 master suites) and 4 bathrooms. 3 bedrooms, 3 bathrooms & spacious laundry room are downstairs. Upstairs is the Grand Master Bedroom Suite. Think, Catalina Sunsets from your bed, if you get weary of the view, push a button and your retractable TV will descend from the ceiling. Retreat room connected to the suite for your favorite passion, craft, office, library. Gigantic balcony, huge walk-in closet, elegant vanity area...everything on your list! And we are just getting started. The backyard is spectacular; flat screen TV, bar, kegerator, ice maker, shower, BBQ, custom lighting and surround sound. AND!!! A fully Detached Casita!! With a full kitchen, ample living space designer bathroom with stunning walk-in shower. The Mancave garage is loaded, epoxy flooring, storage, flat screen TV. etc.! Extra-long gated driveway, new vinyl fencing, room for an RV, boat or multiple cars. $600,000 in upgrades! All TVs, Audio & Visual equipment & solar panels are included. Run, do not walk!! The manager has listed the unit size as 3370 square feet.
| |||
| Dec 13, 2017 | Sold | ||
| Sold | |||
| Oct 20, 2017 | Listed by Coldwell Banker Res Brokerage | $1,995,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017