3523 Corte Esperanza
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 |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Coldwell Banker Realty | $2,399,000 | |
| Listed by Coldwell Banker Realty | |||
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This stunning single-level residence is situated in The Ranch, one of Carlsbad's most coveted neighborhoods. Perched above a canyon, it offers expansive southwesterly backcountry and sunset views. Nestled on a quiet double cul-de-sac street, the home is perfectly positioned on a large 27,000 sq/ft lot. As you approach the home, you will be impressed by the beautifully landscaped front yard, long driveway, and formal entry with a bubbling fountain leading to the custom front door with a wrought iron insert. The residence has been meticulously remodeled over time and is in absolutely perfect condition. Truly a fabulous floor plan that's perfect for everyday living and hosting guests. Upon entering the residence, you'll be greeted by high ceilings and a large formal dining room with a stacked rock fireplace and a convenient library/office or living room. The large gourmet kitchen, with a spacious center island, overlooks the stunning sunset views. Adjacent to the kitchen, the breakfast area has French doors that open to the beautiful backyard. The large family room features built-in media cabinets and a cozy brick fireplace. The luxurious primary suite boasts two French doors that open to the backyard, two walk-in closets, and a recently remodeled spa-inspired bathroom. The secondary en-suite bedrooms offer plenty of space and privacy. Designed for indoor/outdoor living, the smartly designed backyard hardscape and gardens feature a large gazebo, spa, fountain, built-in BBQ with a sink, and a patio that extends the length of the home. Additional features include dual-zoned AC, owner-owned solar panels, and an oversized 2-car garage (plus a separate 3rd car garage) with epoxy floors and built-ins. Just a short distance away from the Encinitas trail system, with miles of hiking, biking, and horse paths. This is truly an incredible opportunity for anyone who desires a forever home with forever views in an exceptional family neighborhood close to award-winning schools, shopping, and the coast. You CAN have it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017