29951 Morongo Pl
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.
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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 |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Aug 26, 2025 | In contract | - | |
| In contract | |||
| Jul 10, 2025 | Listed by Re/Max Property Connection | $2,459,000 | |
| Listed by Re/Max Property Connection | |||
| Apr 11, 2025 | Listed | $2,699,000 | |
| Listed | |||
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Fully remodeled, turnkey home at exceptional value. Move-in ready coastal retreat with hill, city lights and sunset views. This 5 bedroom, 3.5 bathroom pool home, located in the highly sought after Pacesetter community of Laguna Niguel, underwent an extensive remodel and complete renovation in 2022. This home was redesigned inside and out. Ideal location across from La Hermosa Park and scenic, hillside trail. Step through the stunning, pivot front door into this contemporary retreat with soaring ceilings and an abundance of natural light. Featuring a first-floor primary suite offering tranquil hillside views AND an additional main-level bedroom, with private exterior entrance includes an en suite bath with walk-in shower and a fully equipped kitchenette. Perfect for guests, extended family, or rental potential. Porcelanosa luxury Spanish tile compliments the inviting, open-concept living space. Kitchen features Taj Mahal quartzite counters, spacious island with ample storage, new cabinets, top-of-the-line appliances, including a Thermador range, Bosch microwave/oven and dishwasher and LG refrigerator. Kitchen flows seamlessly into the spacious family room where you can enjoy views of the pool and hills. 2 sets of sliding glass doors in family room lead to different areas of the expansive backyard. Custom, floating wood stairs lead to 3 additional bedrooms, each with their own view, a full bathroom, and a versatile bonus room ideal for a playroom, craft room, or extra storage. One of the upstairs bedrooms has a deck with an amazing, panoramic view. Step outside into your private backyard retreat, a peaceful oasis with gorgeous views of the hills, city lights and sunsets. Relax or entertain in the inviting saltwater pool and spa. A conveniently located half bathroom with direct backyard access adds functionality for poolside gatherings. The lush side yard serves as your own private orchard, boasting a variety of fruit trees including orange, lemon, grapefruit, fig, apricot, avocado and more. Other notable features include: Solar, SMART kitchen appliances, thermostats, washer and dryer, Newer windows, doors and sliders, Pex piping, New roof, Newer HVAC system with 3 zones, Re-plastered pool and spa, Tankless water heater, Whole house water filtration system, Epoxy garage flooring AND NO HOA. Close to beaches, trails, parks, schools & shopping. Come see this truly, special home!
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| Dec 4, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017