883 Acapulco Street
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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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $2,129,800 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 5, 2024 | Listed by Redfin | $2,129,800 | |
| Listed by Redfin | |||
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Discover the pinnacle of seaside elegance in this breathtaking two-story residence, boasting 1,813 square feet of sophisticated living space with unobstructed views of the Pacific Ocean, Catalina Island, and the mesmerizing California coastline. This architectural marvel features three opulent bedrooms and three bathrooms, each designed with luxury and comfort in mind. Step inside to a world of refined coastal charm, where exposedbeam ceilings and a warm, inviting fireplace set the stage for a home that’s as welcoming as it is lavish. The living areas are framed by dramatic walls of glass, ensuring every corner of the space is bathed in natural light and stunning vistas. The heart of this home is its second-level living room, complete with an ocean-view deck and a striking wood-paneled bar, perfect for entertaining and relaxing while soaking in the panoramic views. The master suite is a sanctuary of its own, recently enhanced with a chic, remodeled en-suite bathroom, offering a private retreat to unwind. The lower level reveals a gourmet kitchen adorned with top-of-the-line appliances and elegant finishes. It opens out to a secluded, lush backyard—your own private escape for outdoor dining or tranquil relaxation. The thoughtful layout includes a versatile bonus space, ideal for a home office or creative studio, adding to the home’s functional appeal as well as adding 200 square feet of extra space for working/storage. Storage is plentiful, ensuring practicality matches the style. There is also a large storage area underneath the home in the crawlspace. Located moments from Moulton Meadows Park, the home affords easy access to scenic hiking trails, tennis courts, and the vibrant local culture of Laguna Beach. Additional driveway parking beyond the garage is a rare find, making hosting guests a breeze. Within all of these truly amazing features and improvements also include fully paid for solar panels, an upgraded electrical panel to 200 amps, and two Tesla power walls, features that allow for almost no power bills. This home is not just a residence; it’s a statement of lifestyle, positioned perfectly for those who seek the essence of luxury coastal living. Experience the unmatched beauty and serene lifestyle of Laguna Beach—this coastal gem is waiting for you to call it home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017