1119 Bellingham Drive
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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.
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 |
|---|---|---|---|
| Mar 24, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | Listed by Coldwell Banker Realty | $1,149,999 | |
| Listed by Coldwell Banker Realty | |||
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This move-in-ready 3 bedroom, 2.5 bath, single story home sits on an oversized lot in the heart of the beautiful Arrowood community. As you enter the home through the gated courtyard, you will step into the foyer with direct views all the way to backyard. The 2 guest bedrooms, adjoined by a connecting bathroom, are located at the front of the home, along with a den/office that could be a potential 4th bedroom. There is a separate formal dining room adjacent to the open concept kitchen that flows nicely into the family room. The expansive, eat-in kitchen features granite counters, an abundance of cabinetry, a large island with breakfast bar, and a slider out to the backyard. The living room boasts a gorgeous stacked-stone fireplace and built-in surround sound speakers. The large, primary bedroom is located at the back of the home with a slider leading to the backyard. The primary bath features a vanity with dual sinks, a walk-in shower, separate soaking tub, and walk-in closet. There is also a half bath down the hall for guests and a full size laundry room leading out to the garage. The 3-car tandem garage features overhead storage racks and several storage cabinets with peg board. The large, pool-sized backyard is a delight for entertaining and features a covered patio, fire pit, relaxing spa with newer heater, built-in BBQ with island, a mounted smart TV, and several fruit trees including tangerine, orange, Meyer lemon, lime, peach and plum. Other features of the home include 17 owned solar panels that are just over 2 years old, crown molding, A/C, GE water softener, and hardwood floors in the main living areas. The Arrowood community offers several amenities including a junior-Olympic size swimming pool, clubhouse, park with playground, and more, all centered around the Arrowood championship golf course. The home is zoned for the highly rated Bonsall school district and is located within minutes of Camp Pendleton.
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| Jun 5, 2015 | Sold | ||
| Sold | |||
| Apr 8, 2015 | Listed by Willis Allen Real Estate | $659,000 | |
| Listed by Willis Allen Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017