31452 Ceanothus Drive
About This Property
Boasting 4 bedrooms and 4.5 bathrooms, including a versatile fourth bedroom ideal for an office, gym, or den, this residence caters to every lifestyle need. A media room and a refrigerated wine room add to the allure, perfect for entertainment and relaxation.
The gourmet kitchen is a culinary masterpiece, equipped with top-of-the-line appliances including a Sub-Zero Refrigerator, Thermador 6 burner cooktop, double ovens, and Fisher Paykel dishdrawers. Walls of windows throughout the home frame breathtaking views of the white water and endless ocean, while three meticulously crafted stone-finished decks invite both relaxation and sophisticated entertaining.
Just steps from the kitchen lies a fully equipped BBQ station featuring a 42' stainless Lynx BBQ with cocktail pro and under counter refrigerator, ideal for al fresco dining against the backdrop of stunning ocean sunsets.
For ultimate relaxation, ascend to the upper tier of the property where a salt water spa awaits, offering panoramic 180-degree coastline views-a serene retreat after a day spent enjoying the nearby beach.
Every detail of this residence exudes luxury and refinement, creating a lifestyle of unparalleled coastal elegance.
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Cap Rate Calculator
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 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 9, 2024 | Price Decreased |
$5,860,000
↓ $120K
(2%) | |
| Price Decreased | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by Real Brokerage Technologies | $5,980,000 | |
| Listed by Real Brokerage Technologies | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017