765 Gaviota Drive
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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 |
|---|---|---|---|
| Apr 18, 2018 | Sold | ||
| Sold | |||
| Jan 4, 2018 | Listed by Surterre Properties Inc. | $9,750,000 | |
| Listed by Surterre Properties Inc. | |||
| Sep 2, 2017 | Listed | $11,000,000 | |
| Listed | |||
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Exceptional opportunity to acquire this luxury ocean front property in the heart of Laguna Beach. As soon as you step in through the entry breezeway, you will see the phenomenal, expansive ocean views. This newly renovated home offers 4 bedrooms including a separate casita, an office and a gym that could be a 5th bedroom. Each bedroom has its own bath and ample closet space. Features include DuChateau oak and Belgian blue stone floors, an elevator to all three levels, beautiful millwork and wainscoting, designer wallpaper, electric sunshades, Insteon light system and so much more! The main level family room and open kitchen with high beamed ceilings boasts two marble islands, 6-burner Viking stove, farmers sink, pantry and dining area with sunset and Catalina views. The large sliding doors open up to a beautiful patio with glass enclosure. Upstairs you will find a spacious family room with its own separate entrance and an en-suite bedroom plus a powder room. The master bedroom is located adjacent to the gym on the lower level and offers a large private bathroom with a spa tub, dual sinks and white marble floors and shower. There are two additional decks with amazing views and private stairs down to the beach. This modern craftsman style home also features approximately 1,800 sf of subterranean parking for at least 5 cars plus a long driveway and front area for additional parking. Rarely will you find a home of this quality within walking distance to the Laguna Beach Village! The manager has listed the unit size as 4420 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017