5390 Carlsbad Boulevard
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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 |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$6,185,000
↓ $65K
(1%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$6,250,000
↓ $500K
(7.4%) | |
| Price Decreased | |||
| May 20, 2026 | Listed by Compass | $6,750,000 | |
| Listed by Compass | |||
| Jul 29, 2025 | Price Decreased |
$6,450,000
↓ $500K
(7.2%) | |
| Price Decreased | |||
| Jun 13, 2025 | Listed | $6,950,000 | |
| Listed | |||
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Welcome to 5390 Carlsbad Boulevard! This spectacular three-story oceanfront retreat seamlessly blends modern luxury with the relaxed charm of coastal living. Perfectly situated across from the premier surf at Terramar Beach, this stunning home offers sweeping, unobstructed ocean views from nearly every room. Designed for both entertaining and everyday comfort, the open-concept layout is filled with natural light, soaring ceilings, multiple ocean-view balconies, and premium finishes throughout. The expansive rooftop deck is nearly 2000 Sq Ft and is a true showstopper, featuring an outdoor kitchen, turf area, and spa making an ideal private oasis to enjoy panoramic sunsets and the soothing sounds of the ocean. The flexible floor plan offers spacious living areas, a gourmet chef’s kitchen, luxurious bedroom suites, and versatile guest quarters on the subterranean level, perfect for visitors, a home theater, or a private office. The elevator services all levels, from the four-car subterranean garage to the rooftop deck, ensuring convenience and accessibility. Smart home features and timeless coastal elegance complete this extraordinary residence. Enjoy Carlsbad’s best beach lifestyle with direct access to the home and garage from Cerezo Drive.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017