This spectacular oceanfront setting, situated in the 24-hour
gated oceanfront community of Niguel Shores, on separately gated
street with direct beach access highlights the breathtaking
ocean and whitewater views and the Catalina Island views to Palos
Verdes. This classic custom "Beach House" boasts a spacious design
complete with a formal entry, large living room with conversation
alcove, walk-in bar, fireplace, vaulted ceilings, a formal dining
room, family room with fireplace, breakfast area and kitchen with
granite counter tops. Rounding out the main floor, this property
includes a main floor guest suite (5th Bedroom) with private bath,
a powder room, huge laundry room, elevator and attached 2-car
garage. The upper level features a large primary suite with
fireplace, vaulted ceilings, deck, walk-in finished closet,
luxurious bath with large dual vanity sinks and separate tub and
shower. There are 3 additional bedrooms on the upper level and a
large secondary bath. The home totals 5 bedrooms and 3.5 baths. All
main rooms include amazing ocean views. Homes on this oceanfront
street are rarely available providing the opportunity to craft your
ideal coastal dream house. The back patio and yard
include a deck and large entertaining areas perfect for
capturing the stunning Catalina Island sunset views. The
community of Niguel Shores is located next to the Ritz Carlton
Hotel and is minutes close to the Links Golf Course and the Waldorf
Astoria Monarch Beach Resort, the Marina at Dana Point and the
revitalized historic downtown section of Dana Point and the Art
Colony of Laguna Beach. Enjoy the ultimate beach lifestyle with
steps to the beach and breathtaking unobstructed views, the sound
of the waves and the salty ocean air living on the California coast
in Niguel Shores...The "Best-Kept" Secret Along The Coast!
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.
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