10348 Wateridge Cir #310
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 |
|---|---|---|---|
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jul 17, 2025 | In contract | - | |
| In contract | |||
| Jul 12, 2025 | Listed by Century 21 Affiliated | $869,000 | |
| Listed by Century 21 Affiliated | |||
| Nov 2, 2018 | Sold | ||
| Sold | |||
| Aug 15, 2018 | Listed by ERA Eagle Estates Inc | $570,000 | |
| Listed by ERA Eagle Estates Inc | |||
| | |||
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Peaceful townhome tucked away in a back corner of the beautiful Wateridge complex. Right in the midst of Sorrento Valley! Bike or walk to work & restaurants through the adjacent park. Then home in a flash to enjoy the tennis & volleyball courts, & pool. Green landscaping & trees view! Just outside this building is a community spa, very secluded. Central heat and air, private patio, full size washer & dryer, and 2 car garage make for a very livable home. Pet friendly, 2 domestic pets allowed. VA approved! Plenty of parking at this complex. Quick drive to beach, Torrey Pines State Park, San Diego airport & downtown. Also close to shopping at University Town Center and Mission Valley, as well as education centers UCSD & San Diego University. INVESTOR INFORMATION: CAP rate 5.28%, and NOI $19,218 for cash buyer.. Neighborhoods: Sorrento Valley Complex Features: ,,,,, Equipment: Dryer, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/12/2025
|
2 Bed
|
2 Bath
|
1148 ft²
|
$869,000
2 Bed
2 Bath
1148 ft²
|
$850,000
-2.19%
08/06/2025
|
Todd Romano
Century 21 Affiliated
| |
|
06/03/2024
|
3 Bed
|
3 Bath
|
1390 ft²
|
$1,079,000
3 Bed
3 Bath
1390 ft²
|
$1,040,000
-3.61%
07/22/2024
|
Russell Petrone
Petrone Properties, Inc
| |
|
07/18/2020
|
3 Bed
|
2 Bath
|
1390 ft²
|
$689,900
3 Bed
2 Bath
1390 ft²
|
$690,000
+0.01%
08/31/2020
|
Russell Petrone
Petrone Properties, Inc
| |
|
06/13/2020
|
3 Bed
|
2 Bath
|
1553 ft²
|
$695,000
3 Bed
2 Bath
1553 ft²
|
$695,000
07/17/2020
|
Russell Petrone
Petrone Properties, Inc
| |
|
08/15/2018
|
2 Bed
|
2 Bath
|
1148 ft²
|
$570,000
2 Bed
2 Bath
1148 ft²
|
$565,000
-0.88%
11/02/2018
|
Lisa Anderson
ERA Eagle Estates Inc
|
Building Info
About Northern San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017