316 Leucadia Blvd
About This Property
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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 |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | Listed by eXp Realty of California, Inc. | $1,999,999 | |
| Listed by eXp Realty of California, Inc. | |||
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Live the coastal dream in this beautifully remodeled Leucadia home (316 Leucadia Blvd), just steps from the beach and village! This 3-bedroom, 2-bath home boasts panoramic ocean views west of the 5 freeway, situated on a spacious 9,200 sq ft lot with low-maintenance landscaping, two mature fruiting avocado trees, one peach tree, backyard workshop or she shed, private pad wired for 220v hot tub. The bright, coastal-style interior features vaulted ceilings, and skylights in the expansive living room, flowing seamlessly into the dining area, a tastefully upgraded kitchen, and a large, inviting, fully fenced backyard – perfect for entertaining. Two secondary bedrooms, a full bath, and a secondary living area are located downstairs. Upstairs, the primary suite includes an updated bath with a deep soaking tub and separate shower, plus a private ocean-view balcony deck to enjoy breathtaking Leucadia sunsets. Enjoy easy access to beaches, award-winning schools, a dog park, the Leucadia Farmers market, shops, and restaurants. The zoning adds potential to the option to add an ADU, and RV parking. Don't miss this opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017