1500 Sapphire Dr
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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 |
|---|---|---|---|
| Mar 13, 2024 | No longer available | - | |
| No longer available | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Feb 5, 2024 | Price Decreased |
$1,649,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Jan 18, 2024 | Listed by ERA North Orange County Real Estate | $1,699,000 | |
| Listed by ERA North Orange County Real Estate | |||
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Welcome to the epitome of luxury living in the exclusive south Carlsbad community of Mar Brisa! This impeccably remodeled residence, lovingly maintained by the current homeowners, boasts custom touches, panoramic views and lives similarly to a single-story home. As you step into this meticulously maintained home, you'll be greeted by gorgeous near and far views, an abundance of natural light, wood flooring, and crown molding throughout. The DOWNSTAIRS primary suite offers both convenience and privacy, while the remodeled kitchen and baths showcase high-end finishes, stainless steel appliances, and granite counters. The interior and exterior paint has been updated during the current homeownership, ensuring a fresh and modern aesthetic. Enjoy the Southern California lifestyle in the serene backyard with spectacular views, ocean breezes, and privacy. The low-maintenance, drought-resistant landscaping adds to the appeal, along with an outdoor kitchenette, seating around the warming firepit, and clear viewing fence. This magnificent home offers a popular floorplan with 3 bedrooms plus a large loft/optional 4th bedroom, providing flexibility for your lifestyle. Additional features include upstairs viewing balcony, multiple sets of French doors, plantation shutters, central air conditioning, and a beautifully landscaped yard with firepit and patios. The oversized two-car garage is a true haven for enthusiasts, featuring upgraded workshop electrical power, an electric car charger, storage racks, custom handmade wall cabinets, and an epoxy floor. A perfect blend of form and function. Mar Brisa is a gated hilltop community with low HOAs, no Mello-Roos, a community pool, two hot spa tubs, tot lots, and RV parking option. Located in the renowned Carlsbad school district and the 2019 Blue Ribbon Winner Aviara Oaks Elementary, this home is the perfect blend of comfort and sophistication. Seize the opportunity to make this stunning property your new home! Dave Zulick, ERA Ranch & Sea Realty, 760-845-1536 [email protected] dre# 01313791 The manager has listed the unit size as 2284 square feet.
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| Dec 14, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017