7117 Obelisco Cir
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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Price Decreased |
$5,495,000
↓ $200K
(3.5%) | |
| Price Decreased | |||
| Jun 16, 2025 | Listed by Compass | $5,695,000 | |
| Listed by Compass | |||
| Jan 15, 2025 | Listed | $5,795,000 | |
| Listed | |||
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Set on one of the most coveted view lots in La Costa, an entertainer’s dream, this custom estate delivers the ultimate indoor and outdoor living experience. Recently renovated with significant newer improvements, you are greeted by an impressive custom pivot front door upon entering, your guests are immediately captivated by the panoramic unobstructed lagoon and ocean views from the great room, kitchen, formal dining spaces and primary bedroom all on the main entry level. A well-appointed gourmet kitchen finished in European style soft touch cabinetry, custom island with backlit onyx stone and second prep sink, new custom backsplash, modern lighting. The great room features newer custom plaster shelves, throughout the main level are high vaulted richly stained wood beamed and plank ceilings. The primary suite hosts views and a rare ocean facing walk out balcony. A substantial European styled primary bathroom with abundant cabinetry, flush walk-in shower and separate soaking tub with walk in closets. The second level features ensuite bedrooms and a separate sitting area for family. A newer murphy bed is featured in the guest suite. The outdoor living space completed in custom concrete pavers features a serving bar to host gatherings around the fully lit tennis court, pool/spa with new solar, and several sitting areas all while enjoying daily sunsets. A deep three car garage with custom cabinetry and wood doors, a PV solar system serves the home as well. On a 0.58 acre lot this custom estate delivers it all. All the amenities, outdoor shower, outdoor bar, views from every floor, Cold plunge tub, overlooking the Omni golf course. No HOA or Mello Roos.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017