16568 La Gracia
About This Property
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 13, 2021 | In contract | - | |
| In contract | |||
| Aug 17, 2020 | Listed | $11,495,000 | |
| Listed | |||
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Set on two prized acres in The Covenant of Rancho Santa Fe, this custom contemporary masterpiece boasts stunning panoramic views, effortless indoor-outdoor living, custom smart-home systems, and the finest craftsmanship throughout. Completed in 2017 and updated with over $400k in improvements, the striking estate pairs timeless Spanish Colonial aesthetics with decidedly modern design in a rare blend which feels equally like a secluded family retreat and a lavish venue for entertaining. A gated drive trails up to the spacious motor court and 8-car garage. Radiant limestone adorns the entry to a front courtyard, where sunlight dances on a vivid reflecting pool. The 10-foot glass pivot front door reveals an extraordinary great room with soaring timbered ceilings, hand-distressed, wide-plank oak floors, and a dramatic backlit fireplace. Enjoy a seamless transition through 40-foot glass pocket doors to the resort-style patio featuring an outdoor fireplace, grill station, and a breathtaking The manager has listed the unit size as 8251 square feet.
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| Dec 12, 2017 | Sold | ||
| Sold | |||
| Oct 29, 2017 | Listed by Willis Allen Real Estate | $11,500,000 | |
| Listed by Willis Allen Real Estate | |||
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Striking transitional contemporary masterpiece combines Spanish architecture with sleek modern finishes. Located in the heart of Rancho Santa Fe, this single level 2017 built estate boasts unobstructed southerly views and exudes extreme privacy, high tech and high style. With all of its scale and grandeur, the home remains warm, and inviting for intimate family life yet poised for large-scale entertaining. This property is truly the pinnacle of splendor and luxury. Striking transitional contemporary masterpiece combines Spanish architecture with sleek modern finishes. Located in the heart of Rancho Santa Fe’s Covenant, this single level estate sits on just over two acres of land and claims one of the most spectacular homesites with unobstructed southerly views. Just completed in 2017 with discriminating vision, this home exudes extreme privacy, high tech and high style. Luxurious living and sophisticated finishes were custom designed by John Jensen and built by Greg Agee homes. A main drive gate opens to an expansive motor court leading to the main residence and eight car garage. Behind the wooden gates find floating stepping stones over the courtyard’s reflection pool spanning along the dramatic glass wall entry. Unforgettable 10ft pivot door opens to soaring 23ft ceilings with rustic timbers beams and a stunning great room. The open floor plan seamlessly blends indoor and outdoor living with 40ft automated pocketing doors escorting you out to the oversized covered patio. Bespoke details include a vanishing edge pool and spa with cantilevered deck, lavish guest suite, chef’s kitchen with adjacent prep kitchen, spa-like master bathroom, in addition to multiple cozy fireplaces as well as "smart house" capabilities. With all of its scale and grandeur, the home remains warm, and inviting, making it a unique retreat for intimate family life yet poised for large-scale entertaining. This property is truly the pinnacle of splendor and luxury.. Neighborhoods: Covenant ...
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About Rancho Santa Fe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017