8644 La Isla DRIVE
About This Property
Proudly maintained by its original owners, this estate stands as a testament to care and quality. Whether you're looking to settle down in style or invest in a lucrative opportunity, this property meets every need with its short-term rental zoning-also permitting long-term leases for flexibility in your investment strategy.
The interior is nothing short of spectacular, featuring dual master suites for unmatched luxury and convenience. A loft area provides the perfect space for an office or media room, complete with DVDs that remain with the home for your enjoyment. The integrity of the estate is assured with a roof and AC system both updated in 2020, while the HOA takes care of landscaping and pest control, adding to the carefree lifestyle this home offers. Additional amenities include valet trash services and complimentary internet and WiFi, ensuring every comfort is at your fingertips.
Entertainment options abound within this expansive estate, from the 9 flatscreen TVs scattered throughout to the private pool with spa and an enclosure for year-round enjoyment. A game room adds to the fun, alongside formal living and dining spaces and a kitchen great room combo that serves as the heart of the home, inviting relaxation and gatherings.
The community clubhouse is an extension of the home's luxury, featuring a gym, pool, tiki bar, playgrounds, a nature walk, and more, offering diverse activities for all ages.
This Emerald Island Resort estate is a rare find, combining the allure of vacation wonder with the comforts of home. Schedule your visit today and step into a life of unparalleled luxury and possibility.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 13, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Aug 7, 2024 | Price Decreased |
$550,000
↓ $40K
(6.8%) | |
| Price Decreased | |||
| Apr 10, 2024 | Price Decreased |
$590,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Nov 29, 2023 | Listed by HANCOCK REALTY GROUP | $600,000 | |
| Listed by HANCOCK REALTY GROUP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017