816 Luminara Way
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 |
|---|---|---|---|
| Jul 11, 2023 | Sold | ||
| Sold | |||
| Jun 7, 2023 | Listed by Keller Williams Realty | $1,300,000 | |
| Listed by Keller Williams Realty | |||
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Welcome to Luminara at San Elijo Hills! This beautiful home sits only one mile away from all the shops, restaurants, and recreational parks that give the San Elijo Hills Towncenter and community its world class charm, and offers views all the way to La Jolla! Only minutes away from the assigned schools, freeway system, and CSU San Marcos, this centrally located 5-bedroom, 3-bathroom home (with a full bed & bath downstairs) can easily accommodate your needs. With nearly 2,500 square feet of living space, separated living & family rooms, and two outdoor entertaining areas, you're free to spread out or cozy-up with your friends, family, and guests. Forge new memories with your loved ones in the delightful kitchen utilizing the island seating, breakfast nook, or the stainless steel GE Monogram appliance suite (featuring a luxurious 6-burner gas range and countertop depth side-by-side refrigerator). Built in 2007, you can enjoy modern features such as: built-in surround sound speakers in both the family and primary rooms, BEAM central vaccum system, Ecowater water treatment system, and upstairs laundry. Cool off in the warm months using the central air, keeping costs low thanks to solar energy and a whole house fan, or warm up as you toast marshmallows at the backyard fire table. Get outdoors on the nearby hiking & biking trails, or simply relax and in your backyard with your built-in grill and putting green, the choice is yours. Hardscaping front and rear, turf, and exterior lighting add the finishing touches to this magnificent home. Don't wait to see this one, recently updated light fixtures and fresh paint make it "move in ready", which means it won't last long.
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| Nov 3, 2016 | Sold | ||
| Sold | |||
| Sep 15, 2016 | Listed by Keller Williams Carmel Valley | $799,000 | |
| Listed by Keller Williams Carmel Valley | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017