729 MARCO Place
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 14, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by Compass | $2,350,000 | |
| Listed by Compass | |||
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Dreamy Venice bungalow set in the heart of the historic Walk Streets. This storybook home welcomes you with its inviting front porch, perfect for lazy morning coffee and breezy coastal evenings. Enter an airy and sun-filled living room with beautiful oak floors, vintage details and large picture windows, offering splendid garden views. The living room opens to a formal dining room with built-in buffet. There's a sparkling modern kitchen with a farmhouse sink and newer stainless appliances. Two freshly updated baths, central air with Nest thermostats, and a tankless water heater add comfort and convenience to the home's historic soul. Relax & dine al fresco in the peaceful backyard, and enjoy the company of hummingbirds and butterflies, amidst the gentle ocean breezes. A detached studio with French doors and high wood beam ceilings offers flexibility, with multiple uses as a home office, gym or future ADU. Perfect walk street location on beloved Marco Place, neighboring wonderful bungalows & architectural modern homes. It's remarkable that such serenity is moments away from the boutiques, world-class restaurants & energy of Abbot Kinney. Also close by are Erewhon, Superba Cafe and the bike path to Venice Beach.
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| Aug 20, 2019 | Sold | ||
| Sold | |||
| Jul 8, 2019 | Listed by Re/Max Olson & Assoc. | $1,699,000 | |
| Listed by Re/Max Olson & Assoc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017