1568 Eucalyptus (1046) Road
About This Property
Sales: Shea Homes® Marketing Company (DRE #01378646); Construction: Shea Homes, Inc. (CSLB #672285). Electricity production via photo-voltaic (PV) panels. PV system subject to 20-year lease with Solar Provider. Seller may provide lease payments as an inducement to Buyer.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 17, 2020 | In contract | - | |
| In contract | |||
| Nov 13, 2020 | Listed | $1,149,000 | |
| Listed | |||
| | |||
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Savor the Central Coast from one of just a handful of lots in Trilogy at Monarch Dunes that offers sweeping views of mountains, valleys, vineyards and the ocean! Built in 2019, this better than new popular Ventana model features 3 bedrooms, 2.5 bathrooms and a 3-car garage. With over $330K in luxury upgrades & lot premium, this Tesla Solar-powered home (Shea pays lease for 19 years!) has a spacious, bright and airy ambiance. Large picture windows let in tons of natural light. Privacy is key to this lot. The open concept living features a chef’s kitchen with quartz countertops, oversized island, GE Monogram S/S appliances & a walk-in pantry. A designer backsplash and upscale cabinetry complete the look for an entertainer’s delight! The home includes a Shea SmartSpace laundry room with lots of storage. The luxurious master suite features a spacious bedroom with a master bath offering dual sinks, large soaking tub, tiled shower & walk-in closet. Imagine waking up every morning to a glorious ocean view! Watch the sun sink into the ocean every evening from your living room or the outdoor patio with gas fireplace. The custom backyard hardscape & landscaping is easy care and sets the mood. Enjoy the year-round Mediterranean climate with close-by beaches, wineries & charming Central Coast towns. Trilogy at Monarch Dunes offers resort-style living every day with golf, clubhouse, pool, spa, fitness center, tennis, pickleball, restaurants & more. Call Margaret at 805-709-8535 to view! The manager has listed the unit size as 2298 square feet.
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| Oct 23, 2019 | Sold | ||
| Sold | |||
| Apr 1, 2019 | Listed by Shea Homes Marketing Co. | $1,059,999 | |
| Listed by Shea Homes Marketing Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017