254 Avenida Lobeiro
About This Property
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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.
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 |
|---|---|---|---|
| May 31, 2019 | Sold | ||
| Sold | |||
| Mar 5, 2019 | Listed by Harcourts Prime Properties | $2,550,000 | |
| Listed by Harcourts Prime Properties | |||
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This quintessential beach house is full of light, beauty, serenity in a setting of comfort and relaxation. This homes main house is approximately 2,800 square feet with 3 bedrooms and 3 baths. The guest unit is approximately 1,449 square feet with 2 beds and 3 baths. Rebuilt in 1990, and partially renovated in 2016. The home features high-end upgrades to the kitchen, bathrooms, and living area. Spanning white-water ocean and greenbelt views from both units overlooking Calafia State Park and San Clemente State Beach. The main/front home includes three bedrooms and three bathrooms, a beautifully remodeled kitchen with stainless steel appliances, wrap around bar, and custom cabinetry. Flowing seamlessly into the dining and living areas, the main living spaces feature stunning coastal views, and a welcoming atmosphere. It is perfectly designed for entertaining, while offering guests quiet reflective moments sitting on the porch, watching the majestic Pacific Ocean and listening to the soothing roar of crashing waves. The attached 2nd unit includes a full kitchen, fireplace, open living area with ocean views and laundry area making it a versatile option for lease income potential and entertaining. Additional highlights of this unique property include ample storage, built-ins, walk-in closets and an oversized master suite with wet bar and access to upper lounge deck with breathtaking ocean views.
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| Sep 15, 2015 | Sold | ||
| Sold | |||
| Apr 1, 2015 | Listed by Realty Executives Premier | $2,800,000 | |
| Listed by Realty Executives Premier | |||
Property Highlights
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About San Clemente
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017