663 Polaris Dr
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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.
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Compass | $3,295,000 | |
| Listed by Compass | |||
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Stunning Coastal Plantation style home in the coveted enclave of 1 Channel Island. Gorgeous designer upgrades and finishes throughout this meticulously maintained property featuring 5 bedrooms, 4.5 baths, plus an office, playroom, and upstairs bonus room. The open-concept layout connects the living room, dining area, and gourmet kitchen creating an ideal space for entertaining guests. Two walls of expansive glass bi-fold doors seamlessly connect indoor and outdoor living. The beautifully appointed kitchen is complete with quartz countertops, an 11' island, top-of-the-line GE Monogram appliances, floating shelves, custom herringbone backsplash, wine refrigerator and extensive storage. The main floor also includes a guest suite, the office, laundry room, powder bath and a flex room which makes a great play/game room, bar or dining room. Stunning second story primary suite with spa-like bath with oversized shower and freestanding tub, large walk-in finished by California Closets. An additional 3 bedrooms (one ensuite), another bath and a bonus room complete the upstairs. Some ocean view from upstairs. The stunning back yard has been built out to maximize the indoor/outdoor living area with stone fireplace, reclaimed wood veneer built-in BBQ, Timbertech decking, fruit and olive trees. Incredible attention to detail in this home w/upgrades that include: Solar electric; 3 car tandem garage w/Nema 14-50 outlet charger, custom cabinetry, ceiling storage rack system & high quality floor finish; home alarm system; wide plank Monarch European white oak flooring; Custom milled woodwork throughout—shiplap, board & batten, custom reclaimed-wood built-in cabinets, benches, ceiling & wall details; Plantation shutters and custom Roman shades throughout; custom lighting, sconces, pendants and ceiling fans throughout; all baths have tiled floors. Close to beaches, shopping, dining and downtown Encinitas.
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| Apr 28, 2017 | Sold | ||
| Sold | |||
| Mar 23, 2017 | Listed by Coldwell Banker Res Brokerage | $1,499,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017