910 Caminito Madrigal #E
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 5, 2020 | In contract | - | |
| In contract | |||
| May 15, 2020 | Price Decreased |
$569,000
↓ $6K
(1%) | |
| Price Decreased | |||
| Apr 25, 2020 | Listed | $575,000 | |
| Listed | |||
| | |||
|
Previously listed several times but due short term tenants showings were not possible. Sellers are motivated now. Single story ground level unit! Ocean views, renovated, end unit, garage, less than a mile to the beach! Close to shopping and restaurants. The community offers a pool, spa, and walking trails. Community laundry is free and right next to this unit, very convenient. This unit is larger than the typical two-bedroom unit in Alta Mira & has two full baths vs the common 1.5 baths. The manager has listed the unit size as 1188 square feet.
| |||
| Mar 22, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/08/2021
|
2 Bed
|
2 Bath
|
959 ft²
|
$615,000
2 Bed
2 Bath
959 ft²
|
$615,000
01/07/2022
|
Silvia Lopez-Jedynak
ERA Ranch & Sea Realty
| |
|
01/06/2020
|
2 Bed
|
2 Bath
|
1188 ft²
|
$579,000
2 Bed
2 Bath
1188 ft²
|
$563,000
-2.76%
07/06/2020
|
Chris Remsen
| |
|
01/02/2020
|
2 Bed
|
2 Bath
|
1188 ft²
|
$595,000
2 Bed
2 Bath
1188 ft²
|
$575,000
-3.36%
02/24/2020
|
Massoud Sharifi
North Shore Capital Inc.
| |
|
07/01/2019
|
2 Bed
|
2 Bath
|
1188 ft²
|
$574,000
2 Bed
2 Bath
1188 ft²
|
-
-
|
-
| |
|
07/29/2017
| |
2 Bed
|
2 Bath
|
1188 ft²
|
$559,000
2 Bed
2 Bath
1188 ft²
|
$548,400
-1.90%
10/16/2017
|
Melody Riazati
Melody Riazati, Broker
|
|
11/08/2016
|
2 Bed
|
2 Bath
|
1188 ft²
|
$529,000
2 Bed
2 Bath
1188 ft²
|
$548,500
+3.69%
10/16/2017
|
Jordan Griffin
Pierce & Co.
| |
|
01/23/2014
|
2 Bed
|
2 Bath
|
959 ft²
|
$399,000
2 Bed
2 Bath
959 ft²
|
$375,000
-6.02%
07/11/2014
|
Mickey Christian
Summit Realty Group
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017