Behind the exclusive guard-gated enclave of The Strand at
Headlands, this alluring contemporary residence epitomizes the
pinnacle of luxury beachside living. Conceived by renowned
architect, Horst Noppenberger, this property was custom built and
tailored to enjoy the most awe-inspiring panoramic ocean and
Catalina views. Spanning over 6,300 square feet of interior space,
steel frames allow for fewer walls and large floor to ceiling
windows, embracing an open-concept layout throughout. Upon
entering, you are greeted by a dramatic entrance of stone walls and
an alluring courtyard of ponds and fountains that overflow into the
backyard pool and spa. With ample space across three levels, this
home boasts 2 primary suites, 4 guest bedrooms, including an office
equipped with a Murphy bed, and a secondary living room with its
own private entrance. The gourmet kitchen offers minimalist
features of sleek cabinetry, dual sinks, and butler's pantry of two
Bosch dishwashers, 3 Sub Zero refrigerators, Wolf ovens, 2 wine
refrigerators, and a generous size island for entertaining.
Adjacent to the kitchen is the living room and dining room, which
are complemented by the stone fireplace, neutral tones, and glass
sliding doors that open up to the expansive deck overlooking the
backyard, built-in BBQ, and several other seating areas to take in
the mesmerizing sunsets. The exquisite primary suite showcases the
most splendid views in the house, boasting a generous wrap-around
deck complete with an outdoor fireplace. Moreover, it offers
convenient amenities such as a mini bar featuring a sink and
fridge, alongside a luxurious bathroom and a spacious walk-in
closet. Fully equipped with an elevator, security system,
subterranean parking, and state-of-the-art smart home technology
(featuring Lutron, Sonos, and Nest systems), this estate offers
every modern convenience imaginable. Further enhancing its appeal
are accommodations for up to four cars in the garage plus a
separate garage with two golf carts; outdoor fire pits and ceiling
heaters; a community clubhouse offering a pool, spa, gym,
recreation room; and direct access to The Strand Beach.
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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