918 Sealane Drive #B
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 |
|---|---|---|---|
| Jan 7, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2018 | Listed by Pacific Sotheby's Int'l Realty | $2,098,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Welcoming panoramic Pacific Ocean views from its prime oceanfront location on a seaside bluff in Encinitas, this luxurious, fully remodeled and upgraded condo is certain to enrich your lifestyle. Completely turnkey, the pristine, modern residence boasts dramatic ocean vistas from the moment you enter the home, with floor-to-ceiling windows framing sunsets and passing sailboats. The open design hosts dual master suites with vaulted ceilings. Wide-plank hardwood flooring and recessed art lighting embellish the home, which reveals a sleek kitchen with white quartz countertops, an island, a walk-in pantry and stainless steel appliances. The kitchen flows seamlessly to an office with built-in desk and open sunroom. Bosch appliances are included in the laundry room, and custom built-in storage is featured throughout. Two and one-half baths display custom vanities, chrome fixtures and modern hardware. Entertain graciously on a generous outdoor patio overlooking the ocean and complemented by a lawn and beautiful succulent gardens. The gated enclave is home to just 13 residences and offers a private pool, spa, and elevator access to a secured subterranean garage.. Neighborhoods: Beach Equipment: Dryer, Range/Oven Other Fees: 0 Sewer: Sewer Connected
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| Mar 15, 2013 | Sold | ||
| Sold | |||
| Jan 30, 2013 | Listed by Keller Williams Realty | $1,180,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/24/2018
|
2 Bed
|
2 Bath
|
1553 ft²
|
$2,098,000
2 Bed
2 Bath
1553 ft²
|
$1,850,000
-11.82%
01/07/2019
|
K. Ann Brizolis
Pacific Sotheby's International Realty
| |
|
07/26/2014
| |
2 Bed
|
2 Bath
|
1553 ft²
|
$1,475,000
2 Bed
2 Bath
1553 ft²
|
$1,425,000
-3.39%
09/26/2014
|
Walter Shaffer
Walter Bert Shaffer, Broker
|
|
03/05/2013
|
2 Bed
|
1 Bath
|
1553 ft²
|
$1,240,000
2 Bed
1 Bath
1553 ft²
|
$1,090,000
-12.10%
07/08/2013
|
Gary Martin
Gary Martin, Broker
| |
|
01/30/2013
|
2 Bed
|
2 Bath
|
1553 ft²
|
$1,180,000
2 Bed
2 Bath
1553 ft²
|
$1,030,000
-12.71%
03/15/2013
|
Edward O Connor
Keller Williams Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017