10941 Derrydown Way
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Aug 31, 2025 | Listed by Compass | $2,850,000 | |
| Listed by Compass | |||
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Elevate your lifestyle in the quiet sought-after Carmel Country Highlands with this Belmont floor plan 3 home featuring a turret. Positioned on a corner elevated lot, it boasts an expansive side yard and privacy with neighbors only on one side. Over $300K in upgrades showcase quality and craftsmanship throughout, with a professionally reconfigured custom kitchen, rich hardwood floors, high ceilings, and crown moldings. Enjoy custom lighting, built-ins, shutters, custom closets, solar shades, formal living and dining rooms, and multiple fireplaces. The spa-like primary bathroom and a 3-car garage with epoxy flooring enhance this home's appeal. This energy-efficient property includes an owned solar system for both house and pool. It offers 5 bedrooms, 4 bathrooms, and a bonus/office space in the turret. A full bedroom and bath on the entry level are perfect for guests, in-laws, or a second office. Step outside to your private resort with a sparkling heated pool/spa, built-in BBQ, and basketball/sport court, designed for year-round enjoyment with seamless indoor-outdoor flow. Located within award-winning schools, including Sage Canyon Elementary, Carmel Valley Middle, and Torrey Pines High School, this home is minutes from the world-famous Grand Del Mar Resort, Addison (Michelin-starred restaurant), and Meadows golf course. Enjoy quick access to the beach, shopping, parks, restaurants, cafés, and major highways I5 and 56. This beautifully upgraded home, offering exceptional privacy, space, and style rarely found, is a must-see!
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| Mar 24, 2016 | Sold | ||
| Sold | |||
| Jan 22, 2016 | Listed by Pacific Sotheby's Int'l Realty | $1,277,900 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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About Northern San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017