82 Archipelago Drive
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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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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 |
|---|---|---|---|
| Jan 30, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $4,999,000 | |
| Listed | |||
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This majestic residence sits in the exclusive gated, hillside enclave of Crystal Cove in the heart of Newport Coast and is certainly the epitome of California coastal living at its finest. Recently redesigned with the addition of a new bedroom and a bonus room upstairs, this luxurious Oceana' plan 4 now boasts 4,726 square feet of living space on an expansive 12,423 square foot lot. Spectacular ocean views, soaring ceilings, lots of windows and an open floor plan ensure that this entertainer's delight blends seamlessly with the outdoors. The gourmet kitchen features granite countertops and Viking and Sub-Zero appliances and opens to the ample living space. The downstairs master suite is your own luxury retreat with a large soaking tub and French doors that open to the backyard mere steps from the oversized spa with ocean views. The detached casita provides for a theater room, or an additional bedroom and encloses a beautiful entry courtyard. Additional appointments include venetian plaster, an exclusive Evo' grill in the backyard BBQ area and an 8KW solar system on the roof. Just up the hill from a myriad of shopping and dining options in Newport Beach and Laguna Beach Village; minutes from the world renowned Pelican Hill and Montage resorts and a short The manager has listed the unit size as 4726 square feet.
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| Jul 23, 2019 | Listed by Keller Williams Realty | $4,999,000 | |
| Listed by Keller Williams Realty | |||
| Apr 25, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017