23752 Timor Bay
About This Property
OVERVIEW:
Discover a rare opportunity to own a distinguished single-level Niguel Shores Garden Home, ideally situated on a tranquil cul-de-sac just moments from the community center. This exquisite residence is mere steps away from the exclusive bridge leading to the ocean side, blufftop park, and private beach access, offering an unparalleled coastal living experience.
EXTERIOR:
Upon arrival, a gated walk-up welcomes you into an expansive courtyard adorned with a spacious patio, lush mature landscaping, and a vibrant green lawn.
INTERIOR:
LIVING AREA: Inside, vaulted ceilings and a vast open living area are flooded with natural light, thanks to numerous windows that frame every space.
KITCHEN: The entertainer's kitchen features elegant granite countertops, a charming bay window overlooking the courtyard, and updated cabinetry, hardware, lighting, and appliances. A large island counter seamlessly connects the kitchen to the dining and living rooms, enhancing the flow for effortless hosting and dining.
DINING AREA: The dining area, with French doors opening to a secluded patio alcove, is perfect for embracing the coveted indoor-outdoor coastal lifestyle, allowing ocean breezes to permeate the space.
LIVING ROOM: Adjacent to the dining room, the expansive living room showcases a prominent fireplace, framed by sliding doors leading to the wrap-around patio.
FLEXIBLE SPACE: A versatile family room or office space complements the living area, offering a flexible space for various needs.
Bedrooms and Bathrooms:
PRIMARY SUITE: A central hallway off the entry leads to a tastefully updated guest bath, a luxurious primary suite with a walk-in closet, and a renovated ensuite bath. This primary suite also boasts access to a private interior patio retreat.
SECOND BEDROOM: The second bedroom, situated across the hall, features a walk-in closet and abundant natural light from a large window with views of the patio.
ADDITIONAL FEATURES
PARKING: With an attached two-car garage, a two-car driveway, and central air conditioning, this home epitomizes year-round beachside elegance.
LOCATION:
Seize this exceptional opportunity to embrace the quintessential Niguel Shores coastal lifestyle. This luxurious haven is a true gem, offering refined living in one of the most sought-after coastal communities. Act swiftly to make this dream home a reality!
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Cap Rate Calculator
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 15, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by First Team Real Estate | $2,150,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017