9 Optima
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.
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 |
|---|---|---|---|
| Sep 25, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $759,000 | |
| Listed | |||
| | |||
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Welcome to 9 Optima, a spectacular remodeled residence offering the very best of gorgeous coastal living. Here comfort & design meld beautifully & the open plan & soaring ceilings keep the home airy and bright. The beauty starts right from the front door as you enter to fabulous solid hardwood plank flooring which runs through the entire home. The center-island kitchen features stainless steel appliances, quartz counters, & a Carrara marble subway backsplash which runs all the way to the ceiling for added drama. A formal dining area makes every meal special & the living room offers a cozy fireplace with a breathtaking crystal & white stack stone surround that spans from floor to ceiling. The bathrooms have all been remodeled & feature travertine & granite finishes. Two upstairs generously-sized guest bedrooms are at the front of the house & the master retreat with vaulted ceilings & en suite is at the back of the home overlooking the private yard. Custom lighting can be found throughout the residence along with all new windows & doors. Entertain friends & family in the backyard with plenty of room for seating plus a grassy play area & a custom water fountain creates the perfect ambience. This coastal enclave is truly ready to move right in & is located in the ocean view master planned community of Rancho San Clemente … close to schools & parks, access to miles of stunning trails along the famed Ridgeline Trail, & minutes to beaches & freeways – your best life starts here!! The manager has listed the unit size as 1690 square feet.
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| Aug 19, 2017 | Listed by First Team Real Estate | $759,000 | |
| Listed by First Team Real Estate | |||
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About Rancho San Clemente
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017