1310 Ellis Avenue
About This Property
As you enter the main floor, you'll find the spacious family room with views of the ocean. A remodeled fireplace adds a touch of warmth and charm, while recessed lighting gives the space a modern feel. The kitchen boasts plenty of cabinet space and granite countertops. Take a few steps up into the primary bedroom with ensuite bathroom featuring a separate tub and shower, built-in cabinets, and a walk-in closet. Step out onto the balcony and take in the breathtaking scenery and ocean breezes.
Upstairs, the rooftop deck offers panoramic views of the ocean and Santa Lucia Mountains - perfect for watching the sunset or stargazing.
Downstairs, you'll find two guest bedrooms, each with their own private balconies that share a jack and jill bathroom. On the same floor you'll find the laundry room with ample storage and a sink.
But the real showstopper is the finished bonus room below, which can be used as an office, workout room, or media room for movie nights with friends and family. Don't miss your chance to own this gorgeous home in one of California's most coveted coastal communities - schedule your showing today!
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| May 22, 2024 | Listed by Re/Max Pines by the Sea | $1,300,000 | |
| Listed by Re/Max Pines by the Sea | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017