From the generous primary suite, wake up to sweeping panoramic
views and spectacular sunrises in this elevated Oceanside pool
home, ideally positioned at the top of the hill on one of the
area's most desirable cul-de-sac streets with NO HOA and no
neighbors directly below. Offering 5 bedrooms, 3 bathrooms and
2,797 sq ft, this impressive residence combines privacy, space, and
an exceptional indoor-outdoor lifestyle that is increasingly
difficult to find. Step inside to soaring ceilings, expansive dual
pane windows and an abundance of natural light, creating an
immediate sense of openness and scale. Multiple living spaces
provide plenty of room to gather and entertain, while the spacious
kitchen with a large center island flows seamlessly into the family
room. The main-level bedroom and full bath offer excellent
flexibility for guests, extended family or a private home office.
The backyard offers a private outdoor retreat featuring the pool
and spa, built-in fire pit, expansive vinyl pergola-covered patio,
mature tropical landscaping and unobstructed views spanning the
entire rear of the property. Enjoy morning coffee as the sun rises,
afternoons by the pool and evenings around the fire. Complete with
an attached 3-car garage, dual-zone HVAC, and generous yard space,
this is a rare opportunity to own nearly 2,800 sq ft in an elevated
setting with the space and versatility to enjoy for years to come.
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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