6653 Neptune

6653 Neptune

A+

La Jolla, CA 92037

$1,355,000

Beds

3

Baths

4.5

Sqft

3,124

Year Built

2012

Days on Market

123

Property Type

Single Family

HOA/mo

N/A

MLS ID

250042699SD

Description

Own one-eighth of this professionally managed, turnkey home. This is multi-tasking, La Jolla style: Catch the perfect sunset as you splash in the ocean waves or sip a cool drink in the rooftop saltwater pool. The surf breaks just steps from this 3-bedroom, 4½ bath custom home. Everything is designed to make the most of the Pacific views. Vanishing window walls transform indoor spaces into open-air living at its finest. The open plan living space has a gas fireplace and a sleek kitchen with a curved island and a space for formal dining. Unique materials and touchable textures are used throughout the home, including a back-lit Brazilian granite steam room. The primary suite has a luxurious ensuite with double sinks, soaking tub and walk-in shower. A vanishing window wall opens to a private balcony and stunning ocean views. Enjoy the rooftop infinity pool area with its 8-person spa and adjoining lounge area with wet bar. Restock the bar from the home’s wine room. And when you’re ready to leave this Pacific paradise, there’s a hydraulic driveway and a turntable garage floor that ensures you always leave facing the ocean. The home comes turnkey, fully furnished and professionally decorated.

Mortgage Calculator

Est. Monthly Payment

$8,602

Principal & Interest$6,852
Property Tax$1,355
Insurance$395
%($271,000)
%

Investment Score

100A+
Est. Monthly Rent

Market Rent Estimate

$25,000
Monthly Cashflow

Rent − PITI − HOA

+$16,398
Full Cashflow

Incl. vacancy, PM, maint, capex

+$9,519

Mortgage (P+I)
$6,852
Cap Rate
14.50%
Cash-on-Cash
72.61%
DSCR
3.65
Break-even Rent
$8,602

NOI (Annual)
$196,450
Price-to-Rent

Lower = better for investors

4.5

* Defaults: 20% down, 6.5% rate, 30yr.

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