94 Kaiya Avenue
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 |
|---|---|---|---|
| Aug 18, 2025 | Listed by Corcoran Reverie SRB | $5,250,000 | |
| Listed by Corcoran Reverie SRB | |||
| Apr 20, 2023 | No longer available | - | |
| No longer available | |||
| Feb 14, 2023 | Price Decreased |
$6,295,000
↓ $205K
(3.2%) | |
| Price Decreased | |||
| Jan 7, 2023 | Listed by Hilary & Reverie | $6,500,000 | |
| Listed by Hilary & Reverie | |||
| | |||
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Nestled within the coveted Kaiya Beach Resort community, this newly constructed edifice encapsulates a timeless coastal design with a unique modern flair. A unique collaboration between renowned Khoury & Vogt Architects and the talented build team at Romair Construction, the masterfully planned layout spans two levels with over 3,700 square feet of living space. Upon initial approach, the dual hanging day beds in the entryway set the precedent for the overarching theme of relaxation and rejuvenation which can be appreciated throughout. Designed with family gatherings and entertaining in mind, the spacious living and dining areas are centered around the Chef's kitchen featuring custom cabinetry, marble tops, and a luxury appliance suite with built-in espresso machine. The manager has listed the unit size as 3779 square feet.
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| Mar 2, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017