32602 Crete Road
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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Price Decreased |
$6,495,000
↓ $500K
(7.2%) | |
| Price Decreased | |||
| Dec 13, 2024 | Listed by Engel & Volkers Dana Point | $6,995,000 | |
| Listed by Engel & Volkers Dana Point | |||
| | |||
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Welcome to 32602 Crete Rd, a stunning single level mid-century modern masterpiece nestled in the prestigious Monarch Bay Terrace neighborhood. This single-level, 3,804-square-foot home sits on an expansive 20,250-square-foot flat private lot, showcasing four spacious bedrooms, each with its own en suite bathroom, plus a chic powder room for guests. Recently remodeled in 2019 and further upgraded and expanded in 2024, this property embodies sophistication and elegance with a touch of coastal luxury.
As you step through the grand 10-foot custom pivot entry door, you are welcomed into a world of refined style. The living room centers around an elegant Venetian plaster and marble fireplace, framed by large Fleetwood windows and doors, allowing for an abundance of natural light. The impressive great room / game room addition features soaring ceilings, a wall of windows, a seamless flow into the outdoor living spaces, and offers a versatile space for relaxation and entertainment ideal for family gatherings.
The massive primary suite is a true retreat, complete with a serene zen-like courtyard, a spacious walk-in closet with custom built-ins, and a spa-like bathroom with a soaking tub to unwind in luxury.
This property boasts an indoor solar heated pool & spa, complete with a 16-foot motorized skylight, allowing you to enjoy the perfect Californian climate all year round. The gated and fenced-in yard ensures privacy and security, while the beautifully landscaped front yard with a gas fire pit and BBQ area is an entertainment paradise perfect for cozy evenings under the stars.
State-of-the-art amenities include Ring security, Nest climate control, Lutron lighting, commercial-grade WiFi, hardwood floors, Subzero fridge, Viking double-oven, new roof, and more. The wide-open backyard offers ocean views, and the location provides easy access to beaches, shopping, dining, and the private Monarch Bay Beach Club.
This coastal dream home is ready to create unforgettable memories for a discerning family seeking elegance, comfort, and the ultimate Dana Point, CA lifestyle.
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| Jun 29, 2022 | No longer available | - | |
| No longer available | |||
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About Dana Point
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$9,500 /mo
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$6,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017