1260 INSPIRATION 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.
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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 |
|---|---|---|---|
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Apr 28, 2021 | Listed | $9,595,000 | |
| Listed | |||
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Luxurious 8,000 square foot gated La Jolla estate situated on a flat half acre of land in the heart of the Muirlands neighborhood! Extensively remodeled in 2015, this meticulously crafted turnkey three level residence offers a Rancho Santa Fe setting on one of the most desirable streets in prestigious La Jolla. Partial ocean views, a large pool with adjacent lap pool and spa, custom putting green, fire pit and multiple outdoor entertainment features are among the endless amenities you’ll enjoy with this exquisitely updated home. The upper level boasts four bedroom suites, including a large master suite with a sitting area and its own balcony that offers ocean views and a massive walk-in closet. The expansive lower level is the ultimate in entertainment, complete with home theater, billiards, custom bar, sauna, game/massage room, temperature-controlled 1,100 bottle wine cellar, and mirrored gym (optional 6th bedroom). The attached guest quarters has its own bath and private entrance. Other highlights include a grand open-island kitchen with premier stainless appliances and stunning white Calacatta marble counters. High ceilings and large windows throughout provide stateliness to this ideal La Jolla home. Nelson Brothers Team | 858.215.3739 | www.1260Inspiration.com The manager has listed the unit size as 8011 square feet.
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| Jul 8, 2014 | Sold | ||
| Sold | |||
| Mar 31, 2014 | Listed by Berkshire Hathaway HomeService | $4,995,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017