23612 Tampico Bay
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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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Surterre Properties Inc | $5,500,000 | |
| Listed by Surterre Properties Inc | |||
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Welcoming panoramic ocean, Catalina Island and sunset views from its elevated position within Niguel Shores, this remodeled Modern Beach-style home is ready for move-in. The spacious single-level design offers the distinct advantage of a location west of Pacific Coast Highway just three streets from the ocean in the gated community of Niguel Shores. Approximately 2,051 square feet, the bright and airy design boasts some of today’s most enviable amenities in a three-bedroom, three-bath plus den floorplan, including vaulted tongue-and-groove ceilings, a crisp white color palette, skylights, wide-plank woodgrain tile flooring, and walls of La Cantina doors that open to an ocean-view balcony. Beyond a gated courtyard entrance with patio and fountain, the sophisticated residence reveals a Dutch entry door, and an open kitchen and family space with phenomenal ocean views, a linear fireplace, stained-glass clerestory windows, and access to a private side yard. Granite countertops distinguish the kitchen, where mealtime and entertaining are enhanced by a waterfall-edge island, a dining area with built-in seat, white Shaker cabinetry, a pantry, full tile backsplash, farmhouse sink, and stainless steel Wolf appliance Suite, including a built-in refrigerator and a six-burner range. Secondary bedroom offers outdoor access, and the den features a murphy bed. Ocean views are also enjoyed from a primary suite that hosts a walk-in closet and a fully open bath with freestanding tub and separate shower. An attached two-car garage showcases a glass roll-up door, and in a true Modern Beach-House look, standing-seam metal roof crowns the residence. The home’s prime setting in Niguel Shores is a short stroll from The Ritz-Carlton and Salt Creek Beach. Residents of the private guard gated community enjoy exclusive access to the beach, bluff and a luxurious clubhouse, pool, spa, playground, bocce courts, tennis and pickleball courts, and a wide array of clubs and social activities. A broad spectrum of restaurants, galleries and shops are close by at Dana Point’s harbor and Lantern District, and Laguna Beach is just up the highway.
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| Nov 20, 2017 | Sold | ||
| Sold | |||
| Jul 17, 2017 | Listed by Bullock Russell RE Services | $2,195,000 | |
| Listed by Bullock Russell RE Services | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017