81375 National Drive
About This Property
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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.
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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 |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Jan 6, 2026 | In contract | - | |
| In contract | |||
| Dec 9, 2025 | Price Decreased |
$2,875,000
↓ $120K
(4%) | |
| Price Decreased | |||
| Sep 6, 2025 | Listed | $2,995,000 | |
| Listed | |||
| | |||
|
Spectacular South facing beautifully remodeled Home exudes elegance & provides the perfect setting on a premier site w/ dramatic front circular drive & overlooking the 12th hole of the Greg Norman course in PGA West. This open great room floorplan features 3,980 sq ft, 5BD, 5.5BA, incl. an enclosed upstairs bedroom skydeck, & an attached Casita featuring a fireplace & bar. Enjoy the ultimate privacy inside the dramatic resort style courtyard. The full wet bar off the media room is complete w/ under counter refrigerator, a wine cooler & a pass through to the interior courtyard. 5 fireplaces! Entertain family & friends in the beautiful sparking salt water pool/spa w/ cascading waterfall on the estate size backyard w/ huge side yards. Offered furnished per inventory.
| |||
| Mar 11, 2021 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Norman Course
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017