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611 Saint Anns Drive
About This Property
Laguna! Enjoy the best of coastal living with convenient access to Laguna's world renowned attractions such as the Pageant of the
Masters, Festival of Arts, Sawdust Festival, plus stunning beaches, parks, hiking and biking trails, art galleries, restaurants, boutique
shops and more. A perfect home for the active lifestyle with easy access to the Laguna Beach High Schools running track,
community lap pool, and tennis courts. This home features 2 bedrooms + den/office, 2 bathrooms, storage room and a spacious
outdoor deck overlooking Nida Carman park perfect for indoor/outdoor living and yard off of master bedroom. Laguna Beach is one
of the country's most desirable seaside communities with an abundance of beauty, serenity, adventure and fun. Welcome home!
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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 |
|---|---|---|---|
| Jul 24, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed by Provenance Realty Group | $1,299,000 | |
| Listed by Provenance Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017