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614 Cliff Drive
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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Compass | $2,495,000 | |
| Listed by Compass | |||
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Welcome to 614 Cliff, where you'll experience the harmonious fusion of mid-century modern and contemporary design in this beautifully crafted custom home, nestled in one of Aptos's most sought-after neighborhoods. This 2014-built residence, crafted with thoughtful attention to detail, offers ocean views from the rooftop deck and glimpses from the kitchen. Ideally situated in Rio Del Mar, you're close to the Hidden Beach and Park, local eateries, coffee spots, hiking in the redwoods, and more. The home boasts a 9-foot folding Nano door that connects the kitchen to the deck and backyard, creating an ideal space for alfresco dining and entertaining. Eco-friendly features include a substantial rainwater collection system. Indulge in the master bath's luxurious steam shower with recycled glass tiles. The gourmet chef's kitchen with soapstone counters and a Wolf range is designed for culinary excellence. This home is a true sanctuary with sleek stainless steel railings, white oak flooring, abundant natural light, and an artist's studio. Enjoy the easy-care urban garden complete with apple and lemon trees, drip irrigation, and an outdoor shower.
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| Aug 24, 2018 | Sold | ||
| Sold | |||
| Aug 21, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017