In Niguel Shores, an exclusive guard gated ocean front community
with unparalleled access to coastal living on 865 acres, you will
find this inviting updated one-story home on a large corner lot in
the Sea Terrace 1 section. You enter this home through a private
landscaped courtyard into the foyer. This three-bedroom
two-bathroom coastal home has hardwood floors, French doors, crown
molding, wood wrapped casement windows and garden views The
recently renovated kitchen balances modern elegance with everyday
utility with custom cabinets, quartz countertops and Fisher Paykel
appliances. The kitchen is attached to a butler's pantry complete
with custom cabinets, a wine refrigerator, sink and granite
countertops. Next to the kitchen is a breakfast area with a window
seat and a Schonbek chandelier. Nearby are French doors leading to
the patio. The beautifully renovated primary suite has double
sinks, custom cabinets with quartz counter tops and a walk-in
shower. From the bedroom you can enter the patio through French
doors. The spacious covered patio features heaters, a ceiling fan,
and custom stone flooring offering an ideal setting for outdoor
entertaining and relaxing. The generous, private, fenced rear yard
is beautifully landscaped and a has a garden shed. Recent
improvements to the home include: air conditioning, a new roof,
Hardi Plank siding, heating ducts, and furnace. Niguel Shores
offers residents exclusive beach access, a specular oceanfront park
on the bluff to picnic, watch the sunset or enjoy one of the
communities' activities. Niguel Shores has a community clubhouse,
onsite office and maintenance staff and an impressive array of
recreational amenities, including pickleball, tennis courts, a
Junior Olympic-sized swimming pool, hot tub, bocce ball, sport
court, playground and scenic walking paths. An active calendar of
neighborhood events, clubs and social events add to the exceptional
community life style. Ideally located near Dana Point Harbor,
shopping, dining, The renowned Ritz-Carlton and the Waldorf Astoria
Monarch Beach and Resort Club. Niguel Shores offers an exceptional
coastal lifestyle that blends luxury, tranquility and a strong
sense of community.
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.
ENJOY RESORT STYLE LIVING IN THE OCEANFRONT COMMUNITY OF NIGUEL SHORES IN THIS UNIQUE SINGLE-STORY BEACH HOUSE FEATURING THREE BEDROOMS AND TWO BATHS. SPACIOUS PREMIUM CORNER LOT WITH ENORMOUS SERENE BACKYARD-COMPLETE WITH BARN STYLE STORAGE AREA AND TWO OUTDOOR HEATERS ON THE COVERED PATIO. MARVEL AT THE SPACIOUS LIVING ROOM WITH WOOD BURNING STONE FIREPLACE-CROWN AND BASE MOLDING-WOOD FLOORING THROUGHOUT LIVING AREAS- CUSTOM WOOD CRANK WINDOWS AND SOLID WOOD BEDROOM DOORS.CREATE AMAZING MEALS IN THE REMODELED CHEF'S KITCHEN WITH CALCUTTA MARBLE COUNTERS-BRICK FLOORING AND BEST OF ALL A BUTLERS PANTRY WITH GRANITE COUNTERS, WINE REFRIGERATOR, SINK AND SWAROVSKI CRYSTAL CHANDELLIERS IN PANTRY AND DINING AREA. MASTER BEDROOM HAS PORCELIN TILE FLOORING AND FRENCH DOORS LEADING TO BACKYARD. WHEN YOU ARRIVE AT THIS HOME YOU WILL NOTICE EXTRA LONG DRIVEWAY AND LUSH TROPICAL FRONT ENTRY COMPLETE WITH OUTDOOR SHOWER. The manager has listed the unit size as 1262 square feet.
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