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730 Fontana Way
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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 | |||
| Jul 13, 2020 | In contract | - | |
| In contract | |||
| Jul 3, 2020 | Listed | $2,199,000 | |
| Listed | |||
| | |||
|
Welcome to Alta Vista, meaning High Above, this home is truly perched above it all with extraordinary ocean and coastline views. Situated on a private section of Fontana Way on a street to street corner lot. Beautiful contemporary residence with ocean views from nearly every room and outdoor area. Three bedroom plus versatile fourth room. Newer, well crafted remodel from the studs with the utmost quality. Stunning two story living room sits adjacent to the kitchen and showcases white-water, city light and coastline views from the disappearing floor to ceiling sliding doors. Gourmet kitchen with large marble island, soapstone countertops, top of the line stainless steel appliances, custom cabinetry and walk-in pantry. Dining area, island bar seating or dine alfresco on the ocean view deck. Main level master suite with walk-in closet and spa grade master bath that includes separate soaking tub, oversized shower, curved marble dual vanity. Secondary bedrooms are good sized with deep closet storage and adjacent designer bathroom with tiled shower, dual vanities. Additional features include: Fourth room with en suite bath, central heat and air conditioning, hardwood flooring, recessed lighting, surround sound, tankless water heater, separate laundry room. Outdoor features a private rear yard, large ocean view deck and updated landscaping. Centrally located to enjoy the Laguna Beach lifestyle, just minutes to beaches, restaurants, parks, resorts and more. The manager has listed the unit size as 2343 square feet.
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| May 8, 2019 | Sold | ||
| Sold | |||
| Mar 11, 2019 | Listed by Coldwell Banker Res Brokerage | $2,095,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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About Alta Vista
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$8,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017