5406 El Secreto
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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%.
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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 25, 2023 | Sold | ||
| Sold | |||
| May 14, 2023 | Listed by Compass | $8,250,000 | |
| Listed by Compass | |||
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This stunning, custom single-level modern farmhouse embodies luxury living at its finest. Newly constructed in 2021 and then extensively remodeled in 2022 with sophisticated high-end finishes and superior construction. Designed by architect John Jensen and built by Greg Agee, this home is impeccably decorated with classic modern touches by renowned designer Susan Spath and lies within the Covenant of Rancho Santa Fe. As you enter the home, a stunning Baccarat chandelier catches your eye and lures you into the expansive great room with westerly views including electric sunshade blinds and accompanied by gorgeous sunsets. With just under 5,000 square feet of living space, no detail was spared featuring Terrazzo kitchen countertops with a pop-up TV, Décor appliances with double refrigerators, an expansive mud room, French oak wood flooring, custom wallpaper, and a gorgeous floor to ceiling marble fireplace. This home is a sanctuary complete with an opulent primary lavatory including lavender Calacatta marble, towel warmers, 2 separate water closets, and a flotation bathtub. Lastly, the spacious guest house, serene swimming pool with gorgeous westerly vistas, an inviting veranda and a fun putting green are all ready to welcome you home.
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| Apr 15, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2018 | Listed by Pacific Sotheby's Int'l Realty | $2,695,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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About Rancho Santa Fe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017