5665 Linea Del Cielo
About This Property
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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 23, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by Barry Estates | $4,995,000 | |
| Listed by Barry Estates | |||
| Jun 2, 2025 | Listed | $5,495,000 | |
| Listed | |||
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Prominently perched on nearly five acres of prime real estate in the heart of Rancho Santa Fe's Covenant neighborhood is a truly unique, expansive view property, thoughtfully named "La Bella Vita,” the good life. Currently the pristine property boasts an ultra-cool fully renovated mid-century modern single level three bedroom plus bonus room, three full bath residence with a modern pool/jacuzzi. This quintessential Ranch & Coast design has been thoughtfully curated with classic and contemporary elements, resulting in a warm, timeless and inviting aesthetic. It's characterized by natural materials, sophisticated silhouettes, and a mix of vintage and modern accents. The design includes high-end zellige tile and marble slab material, Wolf/Subzero/ Cove appliance, Toto toilets and designer lighting throughout. Equipped with Samsung TVs, Sonos indoor/outdoor entertainment and Ring security system the home is both easy to operate and technologically proficient. In addition, this property comes with FULLY APPROVED Art Jury/City plans and reveals a future main house of nearly 12,000 square feet - 6 bedrooms and 7 bathrooms, alongside a separate 1200 sq ft guest house with 1 bedroom and 1 bathroom, and 14 car garage. Curated by designer homeowner, and formulated by John Jensen architects, this designer home is a poetic expression of modern elements and intimate living, ultimately creating a stunning architectural masterpiece. These plans embrace the site's full potential while harmonizing with the surrounding environment that makes Rancho Santa Fe’s Covenant one of a kind. The innovative layout capitalizes on the expansive lot, with a unique orientation that captures breathtaking views.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017