2611 Nido Way
About This Property
Very few places in Laguna Beach boast these ocean views. Enjoy the magnificent year-round Pacific sunsets, moonsets and the sparkle of the coastline night lights.
Ideal location, walking distance to Victoria Beach, minutes from the Montage Resort, downtown Laguna business area, schools, Mission Hospital, open space, parks, hiking and biking trails.
Lower Alta Vista offers the best views, down low with an actual beach and
ocean feeling --whales and dolphins abound, late night surf sounds. Complete remodel concluded in 2015. ALL FURNISHINGS INCLUDED! TURN KEY!
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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 |
|---|---|---|---|
| Oct 6, 2017 | Sold | ||
| Sold | |||
| Aug 1, 2017 | Listed by Realatrends | $3,295,000 | |
| Listed by Realatrends | |||
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About Alta Vista
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017