9 Stellar Isle
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%.
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 |
|---|---|---|---|
| Oct 15, 2018 | No longer available | - | |
| No longer available | |||
| Oct 12, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | Price Decreased |
$2,299,999
↓ $60K
(2.5%) | |
| Price Decreased | |||
| Aug 14, 2018 | Price Increased |
$2,359,888
↑ $60K
(2.6%) | |
| Price Increased | |||
| Jun 19, 2018 | Listed | $2,299,999 | |
| Listed | |||
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This stunning Estate Home is located in the gated community of Covenant Hills. The sunset views, ocean breezes, and entertainer’s backyard are the epitome of California living. This beautiful customized home features solid hardwood flooring, extensive moldings throughout, an ideal open floorplan boasting views from every room, a huge finished basement, AND a spectacular entertainer’s yard complete with pool, outdoor kitchen, fireplace, and sport court; all located on a culdesac! This floorplan features 4 bedrooms, 6 baths, a formal office, and full sized basement. The kitchen opens to the spacious family room and features stainless steel appliances, stone countertops, and a center island with butcher-block countertop & chef’s farm sink. The elegant living room has French doors opening to the courtyard, high ceilings, a fireplace, and a private formal office. The dining room boasts views from every window and is draped in wainscoting and custom built-ins. Upstairs the master suite has panoramic views, fireplace, separate work-out space, walk out balcony, his and her walk-in closets, large master bath, jetted tub, and separate walk in shower. The secondary bedrooms are spacious with a private bath. The guest suite is located off the private courtyard and perfect for visitors. The back yard is ideal for entertaining with panoramic sunset views including the horizon of Dana Point Harbor. The manager has listed the unit size as 6000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017