407 Avenida Adobe
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 |
|---|---|---|---|
| Aug 23, 2019 | Sold | ||
| Sold | |||
| Apr 22, 2019 | Listed by Conrad Realtors Inc | $675,000 | |
| Listed by Conrad Realtors Inc | |||
| Jul 6, 2018 | Sold | ||
| Sold | |||
| Mar 30, 2018 | Listed by Berkshire Hathaway HomeServic | $1,675,000 | |
| Listed by Berkshire Hathaway HomeServic | |||
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Don’t miss this rare opportunity to live in this beautifully remodeled home in a unique canyon setting just steps away from the Lasuen (Lost Winds) beach access! The front of the home greets you with rich exterior stone & woodwork & an inviting alder dutch door. Highlights on the main floor include a chef’s kitchen with high-end Jenn-Air range & refrigerator, custom shaker cabinets, black leathered granite counters, farm sink & titanium black granite on large dining island. There is also a beautiful pass-thru window to an outside bar offering serene views into this rare Coastal Canyon. The warm great room has fireplace with rich stone detail that opens seamlessly to the backyard areas with large 8 foot sliding doors creating great spaces for dining & entertaining. Beautiful Hickory Suede wood flooring throughout the main floor offers a nice contrast to the light & bright feeling of this home. Upstairs is a resort style master & bath with unique glass tile work, Carrera marble & high-end custom vanities. There are two other large secondary bedrooms all with shaker doors & modular built-in closets. Outside the entire yard is newly landscaped with custom fencing, low water plants, drip irrigation & low maintenance turf. There is also a relaxing spa in the backyard to enjoy this unique canyon experience after long days at the beach. Live in one of the most coveted neighborhoods of Southwest San Clemente with nearby beach trail, restaurants, shopping & world class surfing.
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Property Highlights
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About San Clemente
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017