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990 Meadowlark Drive
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 |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Listed by Livel Real Estate | $2,495,000 | |
| Listed by Livel Real Estate | |||
| May 23, 2025 | Price Decreased |
$2,625,000
↓ $125K
(4.6%) | |
| Price Decreased | |||
| Mar 3, 2025 | Listed | $2,750,000 | |
| Listed | |||
| | |||
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Embraced by a beautiful setting with ocean and canyon views on a cul-de-sac homesite, this spectacular single-level, fully upgraded residence effortlessly blends indoor-outdoor living in a delightful environment that enhances every aspect of your lifestyle. Enjoy relaxed days, special moments, and unforgettable occasions with the ones you love in an open and inviting design that offers three bedrooms and two bathrooms across approximately 1,286 square feet. This open-concept home, upgraded in 2024, provides the perfect backdrop for coastal living, starting with an inviting oversized ocean-view front deck that sets the tone. Inside, a beautifully arranged dining, kitchen, and family area is designed for both elegance and ease. Vaulted ceilings and brand-new Milgard windows frame sweeping views, extending from the fireplace-warmed living room to the coastal-view dining space—an ideal setting for entertaining. The expansive wraparound deck continues the living experience outdoors, where vibrant sunsets and Catalina Island views create a truly magical ambiance. The chef’s kitchen is both functional and refined, featuring stone countertops, custom cabinetry, and a center island with charming breakfast seating. High-end Bosch appliances, including a built-in 6-burner range, complete the space seamlessly. The tranquil primary suite offers a peaceful retreat with a luxurious bath that includes a double vanity, a tub, and a separate shower. Two additional bedrooms and a bathroom, with a walk-in shower, provide comfort and flexibility for guests or family. Bathed in natural light and cooled by gentle ocean breezes, the home also boasts extensive upgrades, including all-new plumbing and electrical systems, a new roof, a new HVAC system, a new tankless water heater, and an electric car charger. Ample parking is available in the driveway, located just beyond the two-car garage. This gorgeous, move-in-ready home is just moments from the upscale boutiques, galleries, cafés, and restaurants of Laguna Beach’s vibrant Village. Pristine beaches, romantic coves, and scenic hiking trails are nearby, enriching a coastal lifestyle that you’ll treasure for generations to come.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017