721 Manhattan Drive #74
About This Property
The manager has listed the unit size as 1813 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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$919,000
↓ $19K
(2%) | |
| Price Decreased | |||
| Jul 16, 2026 | Listed | $938,000 | |
| Listed | |||
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Move-in ready 4-bedroom, 3.5-bath tri-level condo located in the highly desirable ELEMENT at Central Park community in Brea. Built in 2017, this thoughtfully designed home features a versatile floor plan with a main-level bedroom and full bath, ideal for guests, multigenerational living, or a home office. The bright and open second floor offers an open-concept living area with high ceilings and abundant natural light, creating an inviting space for everyday living and entertaining. The seller has thoughtfully installed a whole-house water softener, and the refrigerator, washer, and dryer are all included, making this home truly move-in ready. Conveniently located just 7 minutes from Brea Mall and less than 10 minutes from the highly rated Brea Olinda High School, with easy access to shopping, dining, parks, and major freeways. Enjoy modern living in one of Brea's most desirable communities.
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| Oct 9, 2022 | No longer available | - | |
| No longer available | |||
| Sep 16, 2022 | In contract | - | |
| In contract | |||
| Aug 31, 2022 | Price Decreased |
$864,990
↓ $15K
(1.7%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/29/2022
|
4 Bed
|
4 Bath
|
1813 ft²
|
$899,990
4 Bed
4 Bath
1813 ft²
|
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-
|
Ismael Chavez
eXp Realty of California Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017