9 The Point
About This Property
Property history brief:
The property was purchased in 2021, and in 2022 the existing home and foundation were removed, and formal construction began in July of 2022. The home was designed by Kevin Rugee, Coronado Architect, known for livable and inviting coastal homes. Coronado custom home builder Jim Papenhausen completed construction in late 2023.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 23, 2026 | Sold | ||
| Sold | |||
| Jun 2, 2026 | In contract | - | |
| In contract | |||
| Apr 22, 2026 | Listed by Equity Pacific Coast | $7,795,000 | |
| Listed by Equity Pacific Coast | |||
| Sep 10, 2015 | Sold | ||
| Sold | |||
| Jun 8, 2015 | Listed by Pacific Sotheby's Int'l Realty | $2,995,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Location Location Location!! Waterfront Custom Home 5 Bedrooms and 5 1/5 Baths built on a over sized lot. Panoramic views of Coronado Bridge and Mountains. Features include beautiful woodwork, wide open floor plans and travertine stone floors. Neighborhoods: CORONADO CAYS Complex Features: ,,,, Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017