1019 Ocean Vista Way
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 23, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $1,695,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Experience unparalleled privacy and unobstructed mountain views at 1019 Ocean Vista Way, a breathtaking example of what the ideal luxury Ramona lifestyle should look like! Situated within its own gated enclave comprising exclusively of custom estates, this expansive single-story property offers a rare combination of off grid living while maintaining a warm sense of community. Impeccably maintained roads lead you to this serene resort style retreat, where every detail has been meticulously crafted to create an exceptional living experience. Mature and lush landscaping, an inviting pool and spa, sound system, covered patios, fire pit, and custom exterior kitchen with a built-in BBQ are just some of the attributes that make this backyard an entertainer’s dream. Step inside to discover the grand kitchen featuring a massive island and frameless corner windows that beautifully capture the stunning vistas from nearly every corner of this home. With two fully paid solar systems, Tesla battery packs, and access to city and well water, this property is just as sustainable as it is luxurious. The property also boasts nearly 5 acres of land with radiating potential, making it a versatile haven for both the vineyard and equestrian communities. Don’t miss your chance to view this extraordinary property in person!
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| Apr 9, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017