1405 Cressa Court
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%.
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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.
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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| Apr 25, 2026 | Price Decreased |
$2,400,000
↓ $95K
(3.8%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by Compass | $2,495,000 | |
| Listed by Compass | |||
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Set on a corner lot in Cantata at Aviara, 1405 Cressa Court is a former model home and the largest floor plan in a community where listings rarely become available. The home opens to formal living and dining rooms with 18-foot ceilings, oversized windows, and a limestone fireplace. Designer finishes are showcased throughout, with three fireplaces—in the living room, family room, and primary suite. The island kitchen is built for living and entertaining: a professional Bertazzoni gas cooktop, double ovens, built-in wine fridge, and quartz counters opening to the breakfast area and family room. A downstairs bedroom with full bath works as a guest suite or home office. Upstairs, the primary suite offers a fireplace, private balcony, spa bath, and treetop views. Three additional bedrooms, laundry, and an attached three-car garage with EV charger complete the layout. The backyard feels like a private escape—a pool, newly refinished deck, mature tropical landscaping, and multiple seating areas. Major upgrades include a new roof and owned solar (NEM1). The location defines the lifestyle: walking distance to Batiquitos Lagoon trails, minutes to Aviara Golf Club and Park Hyatt Aviara Resort, and a short drive to Carlsbad beaches. Top-rated Aviara Oaks Elementary and Middle are nearby. HOA dues cover common area landscaping, miles of walking trails, and perimeter fencing along Batiquitos.
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| Feb 10, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017