7041 Candlelight Circle
About This Property
Upon entering, one is greeted by grand soaring vaulted ceilings, setting the tone for the home's impressive interior. The wide-plank white oak flooring flows throughout, creating a cohesive and elegant ambiance. The heart of the home is undoubtedly the gourmet kitchen, a culinary haven equipped with new stainless steel appliances and designer finishes that would make even the most discerning chef swoon.
The primary suite serves as a private retreat, offering a sanctuary for relaxation and rejuvenation. With meticulous attention to detail, every space has been thoughtfully curated to maximize both functionality and aesthetic appeal, including the walk-in closet, dual-sink vanity, and large walk-in shower. A balcony offers fresh air and the perfect place to enjoy morning coffee or a beautiful sunset.
Two separate living spaces, a dining room, powder room, and laundry room complete the first floor. Upstairs, four bedrooms and two bathrooms provide private sleeping quarters. All new hardscape and landscape modernize the exterior, with large yards providing plentiful outdoor space for recreation and entertaining.
Situated in a desirable neighborhood, this property benefits from its proximity to local attractions. Highly-rated schools, Goldenwest College and Huntington Central Park are nearby, offering educational and recreational opportunities. The vibrant Main Street, beach and upscale shopping and dining are also in close proximity, creating an unparalleled Southern California lifestyle.
This turnkey residence, with its impeccable remodel and prime location, presents an unparalleled opportunity for those seeking a home that effortlessly combines style, comfort, and convenience in the heart of Huntington Beach.
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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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Nov 25, 2024 | Price Decreased |
$1,850,000
↓ $10K
(0.5%) | |
| Price Decreased | |||
| Nov 4, 2024 | Listed by Jennifer Rohdenburg, Broker | $1,860,000 | |
| Listed by Jennifer Rohdenburg, Broker | |||
Property Highlights
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About Huntington Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017