8 Via Monarca Street
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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.
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When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Sep 4, 2018 | Listed by Surterre Properties | $2,550,000 | |
| Listed by Surterre Properties | |||
| Jul 9, 2017 | Listed | $2,549,000 | |
| Listed | |||
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PRICE REDUCTION. Contemporary remodel with a sophisticated combination of patterns and textures along with timeless charcoals and neutrals representing a remarkable example of quality, detail, and scale rarely seen today. Located on a quiet cul-de-sac in the exclusive guard gated community of Ritz Pointe, this home is within steps of a private pathway that leads to Salt Creek Beach, the Links Golf Course, and two five-star resorts, including the Monarch Beach Resort and the Ritz Carlton. Additional features include: “Cooks” kitchen with top of the line appliances including Décor, Miele, and Subzero refrigerator; built in coffee maker, crisper and warming drawers; custom high gloss white acrylic cabinets in Kitchen, Living Room and Dining Room; ornate trim on ceilings in Living Room and Dining Room; Italian porcelain floor tiles and wood flooring throughout; automated shades on windows; redesigned and remodeled master bathroom with freestanding soaking tub, glass shower, and floor to ceiling porcelain tile; 2 fireplaces; built-in safe; saltwater pool and spa, fireplace, and built-in BBQ; 3 car garage (tandem on one side). Individual and family memberships available at the Monarch Beach Resort.The manager has listed the unit size as 3900 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017