1249 via candelas
About This Property
This home boasts numerous upgrades for modern convenience, such as CAT5 ethernet throughout for robust connectivity, a fully paid-off, lease-free, top-of-the-line solar system, and a tankless water heater. The solar system is grandfathered into the NEM 2.0 net metering policy for 20 years from April 2023, providing significant energy savings.
The private backyard is a tranquil oasis where you can enjoy the ocean breeze. Relax by the peaceful fountain and serene finishes, ideal for intimate gatherings or unwinding. The backyard features Belgard pavers, beach pebbles, a low-maintenance landscaped rear slope, and three raised garden beds for farm-to-table cuisine.
The four bedrooms are designed for comfort and space. The primary suite is a luxurious retreat with two closets and an en-suite bathroom featuring modern fixtures, a large shower with a bench, and a separate shower wand. A standout feature is the guest bedroom with its private balcony, offering picturesque neighborhood views. The remaining bedrooms are generously sized for family, guests, or use as a home gym or hobby room. The upstairs hallway includes a loft/tech space, perfect for students or a second office.
Located in the gated community of Pacific Ridge, residents enjoy amenities like walking paths, a saltwater pool and spa, a BBQ area, a park, and playgrounds. Just a short ride to the Oceanside Pier and beaches, this home offers endless coastal recreation opportunities. Don't miss your chance to own this remarkable property and experience the best of coastal living!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 12, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 3, 2024 | Listed by Compass | $1,050,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017