1083 Beacon Bay Drive
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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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Listed by Three Lagoons Realty | $1,690,000 | |
| Listed by Three Lagoons Realty | |||
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Welcome to this spacious 2,302 sq ft home located in the desirable Cove Community of Carlsbad! This well-designed floor plan features 3 bedrooms plus an upstairs loft, a downstairs office/den, separate dining room, great room, and formal living room—perfect for flexible living and entertaining. Sitting on a 5,975 sq ft flat, usable lot, the property also includes a 3-car garage and a long driveway offering ample parking. Freshly updated throughout, the home boasts brand new interior paint including ceilings, new carpet upstairs, and luxury vinyl plank flooring with tile on the lower level. Enjoy the convenience of a downstairs laundry room with storage and a full bathroom with a new vanity and fixtures. Soaring vaulted ceilings and additional windows bring in an abundance of natural light, creating an airy and inviting atmosphere. Ideally located just 2 minutes from top-rated Pacific Rim Elementary and Poinsettia Park, and approximately 1 mile to Carlsbad State Beach. The low $80/month HOA includes access to a community pool, spa, basketball hoop, playground, and green space. Don’t miss this opportunity to own an ideal home in an unbeatable location!
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| Dec 28, 2015 | Sold | ||
| Sold | |||
| Sep 18, 2015 | Listed by HOM Sotheby Real Estate | $824,900 | |
| Listed by HOM Sotheby Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017