1148 Arcadia Rd
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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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 26, 2024 | Listed by Coldwell Banker Realty | $2,295,000 | |
| Listed by Coldwell Banker Realty | |||
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Experience refined coastal living in this exceptional Encinitas home. From its inviting charm to sophisticated elegance, this home blends modern luxury w/ classic appeal. Attached ADU w/ full kitchen and bath provides income potential. Inside, you'll find a newly remodeled kitchen featuring quartz countertops, craftsman shaker cabinetry, a farm sink, custom swirl granite, & stainless steel appliances, including a double-door oven & Wifi refrigerator. The living area opens seamlessly to a beautifully landscaped backyard through Cantina-type folding doors w/ floor-to-ceiling low-e glass, creating an indoor-outdoor flow. The expansive 2nd-flr ocean view deck, w/ recessed lighting & ample entertaining space, offers breathtaking views for evening gatherings. The primary bedroom is a luxurious retreat, complete w/ a cozy fireplace, a hidden desk area, & Cantina-type doors leading to the rear deck. Its en-suite bathroom includes double sinks, quartz countertops, a large soaking tub, & frameless glass shower w/ multiple showerheads & seat. An outdoor shower provides a refreshing rinse after a beach day. Additional features include a newly painted, oversized two-car garage w/ west-facing windows, potential space for a second ADU, & a gated driveway entrance. The self-sufficient j-ADU, with its own HVAC system, entrance, and parking, offers versatility for guests or rental income. The front garden & rear landscaping, w/ new sprinkler systems, create a vibrant atmosphere, attracting butterflies and hummingbirds. The home also includes ceiling fans in every bedroom and living room, a separate laundry room with ample storage, and a large utility sink. Strategically located just east of the 5, this home provides easy access to the beach & local shopping, combining convenience with tranquility. This residence is not just a home but a lifestyle—an embodiment of comfort, elegance, and coastal charm awaiting you in Encinitas.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017