6688 Elegante Way
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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 |
|---|---|---|---|
| Mar 24, 2022 | No longer available | - | |
| No longer available | |||
| Feb 25, 2022 | In contract | - | |
| In contract | |||
| Feb 15, 2022 | Listed by Compass | $2,799,000 | |
| Listed by Compass | |||
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Gorgeous turn-key Sterling Home in Pacific Highlands Ranch. Walking distance to a planned community park and Del Mar School District elementary school opening in 2022. One of the only homes on this side of Elegante with no neighbor behind you! Amazing home upgrades include: desirable open floor plan, beautiful kitchen with granite countertops, GE Monogram appliances and soft close cabinets, custom wood floors, plantation shutters, owned solar, whole house fan, reverse osmosis system, water softener, central AC and heating, built-in surround sound in family and bonus living room, and two laundry rooms. In-law suite conveniently located downstairs along with upgraded office / kitchenette. Sliding glass doors in great room open up to backyard and California Room with TV and a fireplace - perfect for entertaining. Enjoy the built-in outdoor BBQ area, fire pit with seating and low maintenance backyard with fruit trees. You can even see hot air balloons fly by most evenings! 4 Bedrooms upstairs including a spacious bonus living room. Huge primary bedroom with views overlooking the community and park behind you! Amazing spacious walk-in primary closet with plush carpet and custom wood cabinets. 3 car garage with built-in storage racks and shelves, and a 240 volt outlet for electric vehicle charging. Walking distance to parks, trails and private Solterra Swim Club. Close to the Pacific Highlands Ranch Shopping Center (The Village) and the 56/5/15 freeways. The manager has listed the unit size as 4208 square feet.
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| Jan 27, 2020 | Sold | ||
| Sold | |||
| Nov 14, 2019 | Listed by Compass | $1,600,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017