5126 Terramar Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 16, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Listed by Coldwell Banker Realty | $1,749,000 | |
| Listed by Coldwell Banker Realty | |||
| Feb 5, 2025 | Listed | $1,799,000 | |
| Listed | |||
| | |||
|
Nestled along Ventura County's stunning coastline is the idyllic beach community of Mandalay Shores. Realize the dream of coastal living in this thoughtfully reimagined and beautifully designed home. The stunning chef's kitchen is the centerpiece of this property, opening to the dining and living rooms, while creating a functional and inviting space for entertaining. The generously-sized island provides plenty of seating, showcasing custom cabinets in coordinating finishes, stainless appliances, striking stone counters, a glass backsplash, an inlaid-tile 'accent rug' and a large pantry. There is even a prized pizza oven in the dining room. Two bedrooms, a full-sized bath and an oversized three-car garage complete the first floor. The second level has two primary suites and an expansive family room overlooking the living space below. One of the primary suites has a remodeled bath with a barn door and hand-selected beach stones on the backsplash and in the shower. A wall-mounted towel warmer rounds out this luxurious bath. The second en suite features ample closet space, a bathroom with pedestal sink, and a large and sunny deck. Smooth-surface flooring throughout is ideal for beach living. Over the last ten years, the owners have upgraded so much more of this home, including replacing the windows and doors, installing the beautiful paver driveway and creating a tranquil backyard sanctuary. The yard has a gate that opens to a pathway leading to Mandalay Beach Road. From there, it is a very short block to the beach, with its pristine sand, surf and incredible sunsets! The home is less than 2 miles from the beautiful Channel Islands Harbor, with its well-known Sunday Farmers' Market, and a short distance to two different beach parks, which feature yoga classes, play areas and sports courts. Less than 1 mile away is a pathway that provides beachside access for bikes, strollers and wheelchairs. The lifestyle in Mandalay Shores is ideal for both full-time living and weekend getaways. Move-in today, entertain tonight!
| |||
| Oct 3, 2014 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Oxnard Shores
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,500 /mo
- 4 Beds
- 3 Baths
- 3,096 ft²
$3,450 /mo
- 1 Bed
- 2 Baths
- 1,697 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017