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23861 Wavespray Circle
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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 | |||
| Apr 25, 2021 | In contract | - | |
| In contract | |||
| Apr 9, 2021 | Listed | $1,599,900 | |
| Listed | |||
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A truly exceptional opportunity for an outstanding residence located in heart of Laguna Niguel! This beautiful home sits on an oversize lot on a quiet cul-de-sac and enjoys a unique easement that gives it direct access to the top of Crown Valley Park. The spacious floorplan is enhanced by a downstairs bedroom and full bathroom and gourmet kitchen which features an oversize island, a 40 in. Thermador gas range and a built-in 40 in. professional Kitchen-Aid refrigerator. Cathedral ceilings and lots of large windows throughout provide for lots of natural light and help this entertainer's delight blend seamlessly with the private backyard oasis which boasts a sitting area, large grassy space and a swimming pool and spa. Many upgrades include solid Brazilian Cherry cabinets and flooring, built-in BOSE speaker system, 225 gallon saltwater aquarium, solar generating system (lease) and an electronic air purifier. Private access to the newly renovated Crown Valley Park from the backyard means you are minutes from the brand new 30,000 sf community center, YMCA, Olympic size community pool, soccer fields, playground, sprayground and concerts in the park. Close to shopping and dining at the Laguna Niguel Town Center, downtown Laguna Beach and the recently renovated 'Lantern District' in Dana Point; minutes from the world-renowned Monarch Beach and Ritz Carlton resorts and some of Southern California's finest beaches. The manager has listed the unit size as 2730 square feet.
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| Dec 18, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017