tomo logo

$1,250,000

Beds
3
Baths
2.0
sq ft
1,381

259 Rio del Mar Blvd, Aptos, CA 95003

259 Rio del Mar Blvd

Aptos, CA 95003

  • 2 days on market
    • Open house Nov 16
Have you ever wanted to own a successful Airbnb property? This beautifully upgraded 3-bedroom, 2-bathroom attached single family home offers 1,381 sq ft of coastal living is just 18 homes from one of Monterey Bays finest beaches. Enjoy ocean views from your bedroom balcony. A top-floor master suite creates a loft space that looks down on kitchen and TV area. Two additional bedrooms on the lower level open to a serene back patio with stunning views of the Rio Del Mar area. This property is located in the Rio Del Mar Vacation zone, allowing for immediate short-term rental permit applications with no waitlist. Start generating income right away while enjoying your personal retreat a few times a year. Complete rental history and income sheets are available. Don't miss this exceptional opportunity!

Details

Property type

Townhouse

Est. home value

$1,290,431

Lot size

1,981 sq ft

Price per sq ft

$906

Year built

1981

HOA

No

Price History

11/11/2024
BridgeMLS

BridgeMLS #ML81986294

Listed
$1,250,000
09/06/2024
BridgeMLS

BridgeMLS #ML81968239

Removed
$1,250,000
06/07/2024
BridgeMLS

BridgeMLS #ML81968239

Listed
$1,250,000
+64.73%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Pajaro Valley Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$634,861
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$515,139
Cash to seller
$634,861

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

January 2020

Original loan amount

$569,100

Est. remaining balance

$515,139

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Khanh Nguyen and Yung Q Nguyen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/14/2024 at 8:30 AM

Listing updated: 11/11/2024 at 8:30 PM

Listed by: Derek Kotval, Sotheby's International Realty Phone #: (831) 760-1690

MLS: BridgeMLS #ML81986294

BridgeMLS logo

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