748 Clark
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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%.
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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.
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 27, 2024 | In contract | - | |
| In contract | |||
| Oct 26, 2024 | Relisted | $2,550,000 | |
| Relisted | |||
| Oct 13, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Listed by SRG | $2,550,000 | |
| Listed by SRG | |||
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Welcome to this exquisitely crafted single-level model home in the heart of Leucadia, where luxurious design effortlessly blends with the relaxed elegance of coastal living. With over $492,000 in custom upgrades, this 3-bedroom, 2.5-bathroom residence, complete with a dedicated office, epitomizes modern sophistication and timeless design. Step inside to be greeted by rich wood and tile floors, and striking wood plank ceilings that elevate the expansive, open-concept great room. Bathed in natural light, the space showcases custom bifold sliding glass doors, inviting seamless indoor-outdoor living off the kitchen and dining areas. The gourmet kitchen is a chef’s dream, featuring quartz countertops, a grand island perfect for entertaining, and top-of-the-line stainless steel appliances, including a six-burner gas range. A large walk-in pantry adds both charm and functionality, offering ample storage and a built-in wine cooler. The great room is anchored by a custom brick fireplace, bespoke built-in shelving, and a wall of windows allowing the natural light to flood in. The primary suite is a luxurious retreat, boasting dual sinks, a walk-in shower, and exquisite tilework that evokes a spa-like ambiance. A Jack-and-Jill bathroom connects the secondary bedrooms, ideal for family or guests, while a versatile home office with barn doors offers both privacy and style. Completing the thoughtful layout is an oversized laundry room with upgraded cabinetry and a deep utility sink. Every detail of this home has been meticulously curated, from sleek barn doors and custom window treatments to smart home technology that includes a tankless water heater, reverse osmosis system, and pre-plumbing for a soft water system. The finished garage, with epoxy flooring and overhead storage, adds an extra layer of convenience. Step out to your private patio, where a built-in fireplace, a steel pergola, and tranquil fountain create the perfect setting for al fresco dining or quiet evenings under the stars. Located just 1.2 miles from the beach and the vibrant Leucadia village, this home captures the essence of Southern California living. With easy access to the 5 freeway, San Diego Botanic Garden, and Encinitas Ranch Golf Course, you’ll enjoy the perfect blend of privacy and convenience. More than just a home, it’s a chance to embrace the quintessential California lifestyle, where every detail has been thoughtfully crafted to provide a life of luxury, comfort, and effortless style. Don’t miss the opportunity to make this coastal gem your own.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017