$3,625,000
●
House -
Off Market
1011 Olive Avenue
Coronado, CA 92118
5 Beds
4 Baths,
1
Half Bath
3,750 Ft²
$7,579,094
RealtyHop Estimate
89.95%
Since Dec 1, 2015
CA-San Diego
Primary Model
About This Property
Designers Beach Cottage on one of Coronado's most beautiful
streets, steps from the beach. Legal detached studio/maid's
quarters. Unique, custom touches throughout. Dramatic 25 foot
vaulted wood ceilings in living and kitchen/dining rooms.
Enormous floor to ceiling beveled glass arched window.
Restaurant styled kitchen with amazing 11 foot Italian Marble
island. Elegant ground floor master bedroom w/separate his/hers
bathroom and closet areas,2 car garage off Olive Lane w/finished
loft. See supplemental Neighborhoods: Village Equipment:
Dryer,Fire Sprinklers,Garage Door Opener, Range/Oven,
Satellite Dish, Washer, Water Filtration Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
3,750 Ft²
Days on Market
99 days
Land Size
0.14 acres
Price per sqft
$1,064
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1934
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (SDMLS #150045198)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2015 | Sold | ||
| Sold | |||
| Aug 16, 2015 | Listed by Park Life Real Estate | $3,990,000 | |
| Listed by Park Life Real Estate | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Coronado
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Renee Wilson, Park Life Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150045198
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150045198
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