1216 Luneta Dr
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 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 29, 2020 | In contract | - | |
| In contract | |||
| Jun 3, 2020 | Listed | $4,950,000 | |
| Listed | |||
| | |||
|
Casa Romantica - light & bright Del Mar Village OCEAN VIEW home; 13,839SF lot. Over $2M spent to completely remodel. 4+BR/4.5BA, gorgeous kitchen, wine cellar & great room, office, ocean view mstr suite - his/her walk-in closets, elevator & 2 balconies. 1BR/1BA casita, OUTDOOR LIVING ROOM w/ pizza oven & BBQ. Crisp & smooth white walls w/ wide plank white oak wood floors throughout. Lives like single level. Lush landscaping & thoughtful hardscape beautifully frames this gorgeous Spanish-California beauty. The manager has listed the unit size as 3851 square feet.
| |||
| Apr 30, 2018 | Sold | ||
| Sold | |||
| Jan 22, 2018 | Listed by Compass | $4,195,000 | |
| Listed by Compass | |||
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About Del Mar
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$3,255 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017