25 Costa Del Sol
About This Property
the vast Pacific Ocean within the gated community of Ritz Pointe. This residence boasts
an open floor plan where the family room with a cozy fireplace flows seamlessly into the
light and bright equipped kitchen, perfect for entertaining. The downstairs office has the
option to be converted into a fourth bedroom. The back patio offers mesmerizing ocean and
golf course views, ideal for gatherings and serene moments.
Upstairs, the beautiful primary suite features Pacific Ocean views, an expansive walk-in
closet with the possibility of adding an ocean view deck. The primary bath offers double
sinks, a soaking tub and stand-alone shower. Two additional rooms upstairs provide
versatility for beds, office, gym or nursery.
The beautifully landscaped backyard is designed for seamless indoor-outdoor living,
complete with a covered patio that includes a built-in barbecue, a raised seating area
with a fire pit, and a private hot tub spa. Residents enjoy direct access to the beach via
a private community trail and are minutes from top-tier resorts and fine dining. This
home offers an exceptional chance to indulge in the prestigious coastal lifestyle, ideal
as a full-time residence or a vacation home.
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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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Apr 30, 2024 | Listed by Coastal Investment & Holding Group | $2,625,000 | |
| Listed by Coastal Investment & Holding Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017