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Address not disclosed Half Moon Bay, CA 94019
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Key Details
Sold Price $1,405,629
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $354
MLS Listing ID ML81652983
Bedrooms 5
Full Baths 5
Year Built 1994
Lot Size 7,501 Sqft
Property Description
An ocean of opportunity awaits at this beach community oasis, a minute walk to the ocean. 3,960 Square Feet, vacation-style, modern residence features a main home as well 2 private guest units equipped w/ all amenities such as full kitchens & bathrooms, creating a primary home, summer residence, or an AirBnB gold mine! Property features newly installed Brazilian cherry floors, remodeled kitchens, inc. granite, marble & quartz & high-end designer appliances; vaulted ceilings, skylights, custom molding & more. Beach life in Half Moon Bay known for its surf shops, restaurants & Ritz Carlton Hotel. Rent via AirBnB-$5,000x26 weekends (half of the year) is $130,000 - $23,000 operating expenses = $107,500/list price is a 6% capitalization rate! Leasing according to rental analytics would gross approximately $8,000/month or $100,000/annually. Cap Rate=4.2% approx! Easy commute to SF/Silicon Valley! Buyer to verify SF, schools, permits.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R10000
Interior
Heating Central, Wood Stove
Cooling None
Flooring Tile, Wood
Fireplaces Type Wood Burning
Exterior
Garage Spaces 3.0
Garage Description 3.0
Fence Wood
View Y/N Yes
View Ocean
Roof Type Composition
Building
Story 2
Foundation Slab
Water Public
New Construction No
Schools
School District Other
Others
Acceptable Financing FHA, VA Loan
Listing Terms FHA, VA Loan
Special Listing Condition Standard
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Bought with Barry Gevertz • Coldwell Banker Realty
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