2 Blue Shore
About This Property
+ One of Largest Lots with Single-Level Luxury Home in Coral Canyon of Legendary Crystal Cove
+ Serene Backyard Landscaping with Rain Curtain Fountain, Fire on Water Feature, Crystal Sphere Fountain flowing into the pool. Plus a Curved Water Fountain in the Front Yard, and Grand Entrance Water Pilasters with Floating Steps welcoming to the Resort-style Living
+ Large Designer, Heated Salt Water Swimming Pool with Spa and Baja step
+ Open-Concept Design with Stunning Beamed Ceiling, and High ceilings throughout the house
+ Top of the line French Limestone throughout the house
+ One slab Taj Mahal quartzite countertops throughout the house, outdoor kitchen, and fireplace
+ 3 Completely Retractable Glass Walls to the Backyard
+ Brand new outdoor kitchen appliances with Designer Pizza Oven
+ Whole House Water Filtration System for the true Spa experience
+ Video Security System
+ Built- In Home Vacuum System
+ Smart Home Automaton
+ Backyard Landscape was redesigned in 2023 with beautiful white limestone inspired by Mediterranean style of Ibiza, Spain
+ Sizeable detached casita above the garage is to ensure privacy for guests or extended family
+ Mesmerizing blend of succulent and sage plants that shape a charming, elegant curvature
+ The house is facing Rising Sun for the pristine moments of complete serenity and balance. The ancient fire-water astronomy inspired design aligns the swimming pool, Crystal sphere water fountain, and the grand entrance floating steps together with the East-West 33N latitude. Looking from the top, the Frontyard design represents the ancient Jupiter symbol of expansion, prosperity, and wealth. The majestic sphere water fountain is guaranteed to impress you and your guests, day or night, with an awe-inspiring light spectacle! The accordion retractable glass doors blur the boundary between indoors and outdoors, offering continuous living space. As a resident of Crystal Cove, you'll have direct access to top-notch shopping, dining, Historic Crystal Cove Beach, and elite schools. The community amenities include a large lap pool, hot spa, gym, tennis and basketball courts, and trails for hiking and biking. This remarkable retreat-like property is maintained organically, free of chemicals, making it an absolute MUST-SEE Gem.
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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 |
|---|---|---|---|
| Sep 26, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Price Decreased |
$10,995,000
↓ $605K
(5.2%) | |
| Price Decreased | |||
| Aug 12, 2024 | Price Decreased |
$11,600,000
↓ $300K
(2.5%) | |
| Price Decreased | |||
| May 8, 2024 | Listed by 999 Investments, Inc | $11,900,000 | |
| Listed by 999 Investments, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017