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33822 Vista Grande
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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.
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 2, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $1,195,000 | |
| Listed | |||
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Located in the gated oceanfront community of Niguel Shores in Monarch Beach, this one story Villa by the Sea has been remodeled with custom cabinetry throughout and includes vaulted ceilings, recessed lighting, custom doors, stone flooring, air conditioning, and new carpet and paint. A gated courtyard entry and backyard patio boasts lovely brick work with artificial turf side yard plus custom awnings in a serene and secluded setting. Special features include granite counters in kitchen and a breakfast nook, lavish master bath with separate tub and shower, custom media center in the living room and custom built in buffet in dining room. The secondary hall bath has been customized with stone and luxurious faux wall finish. The master bedroom has been remodeled with added fireplace and French doors which open to the patio. Currently used as a one bedroom home, the secondary bedroom has been converted to a large walk in custom closet connecting to the master suite while the front 3rd bedroom has been converted to an office complete with built in desk and work areas. Enjoy living the resort beach lifestyle all year around in the community of Niguel Shores with an oceanfront blufftop park and parking lot plus a 3 million dollar Clubhouse with pool, spa, t The manager has listed the unit size as 1770 square feet.
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| Aug 31, 2019 | Listed by Berkshire Hathaway HomeService | $1,195,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017