12 Alicante
About This Property
Located on a quiet cul-de-sac, this beautifully remodeled 4-bedroom, 4-bath home has been thoughtfully upgraded throughout and designed for both comfortable everyday living and effortless entertaining.
At the heart of the home is the stunning chef's kitchen featuring quartz countertops, upgraded appliances, farmhouse sink, floating shelves, custom cabinetry with lighting, and a spacious eat-at bar with seating for six or more. The open-concept layout flows seamlessly into the family room with built-in surround sound, creating the perfect setting for gatherings and entertaining.
A desirable downstairs bedroom with full bath offers the perfect space for guests, extended family, or a private home office.
The spacious primary suite is a true retreat, complete with a private balcony showcasing remarkable golf course and hillside views-an ideal spot to enjoy sunrise mornings or unwind at sunset. Upstairs also features a versatile bonus room above the three-car garage, perfect as a media room, playroom, home gym, or office.
Step outside to your private backyard oasis featuring a deep pool, expansive grass areas on both sides ideal for play and entertaining, mature palm trees that create a resort-like setting, outdoor speakers, and hardscape designed for alfresco dining and evenings around the fire pit. The north-facing orientation allows the backyard to enjoy beautiful natural light throughout the day.
Additional highlights include three fireplaces, a three-car garage, stylish upgrades throughout, and access to nearby hiking trails, parks, and the many amenities of guard-gated Coto de Caza. This exceptional home offers the perfect blend of luxury, comfort, and Southern California lifestyle.
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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 |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Mar 25, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Listed by Pacific Sotheby's Int'l Realty | $2,649,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017