964 Candlelight Place
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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 10, 2024 | Listed by Real Broker | $4,675,000 | |
| Listed by Real Broker | |||
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Unparalleled Coastal Living in La Jolla! With breathtaking panoramic views of the ocean, bay, and stunning sunsets, this custom-built luxury home captures the essence of Southern California living. Nestled on a tranquil cul-de-sac just minutes from the beach, the residence offers a seamless blend of modern elegance and coastal charm, complemented by an exquisite indoor-outdoor design. Featuring 5 spacious bedrooms and 4.5 beautifully appointed bathrooms, every inch of this newly constructed residence has been crafted with unmatched attention to detail. Stunning European oak hardwood floors run throughout, while high-end Dacor appliances elevate the gourmet kitchen, perfect for the most discerning chefs. Expansive cantina-style WinDor pocket doors open up the living spaces, inviting you to enjoy true indoor-outdoor living. Step outside to the front patio for your morning coffee or entertain on the oversized roof deck, where you'll be captivated by breathtaking views. The large backyard offers plenty of space for a pool, making it ideal for hosting or relaxing in complete privacy. Situated within walking distance to the beach, boutique shopping, and top-tier restaurants, this La Jolla retreat offers the perfect combination of luxury and convenience, making it a rare find in one of San Diego’s most sought-after coastal enclaves.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017