116 Nob Avenue
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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 |
|---|---|---|---|
| Aug 18, 2022 | No longer available | - | |
| No longer available | |||
| Jun 6, 2022 | Listed by Barry Estates | $9,495,000 | |
| Listed by Barry Estates | |||
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Monterey, California view and vibe with all green trees and panoramic ocean view, no visible homes, roads or powerlines in sight. Perfectly located in Olde Del Mar, where you have it all with privacy, security, tranquility, and a semi-private trail that provides beach access. The architecture is stunning beginning with the bridge that takes you across the infinity-edge pool to the oversized entry door that welcomes guests to the natural light filled and open concept floorplan. All the disappearing glass doors blend the indoors and outdoors, making it very easy to entertain and enjoy the spectacular sunsets between the towering Torrey Pines and natural landscaping. The kitchen is truly a top chef’s dream with walnut cabinetry, a Subzero Professional Series refrigerator/freezer, 8-burner Wolf Professional gas range, and double oven, built-in Miele coffee machine, two Miele dishwashers, and reverse osmosis filtration system with instant hot. Including large disappearing picture windows, recessed lighting, hidden pantry, and floating prep island with waterfall-edged marble dining table for intimate meals. The primary suite is a luxe modern space with tall glass doors, ocean view, and windows opening on to the private deck that is ideal for outdoor massages and yoga. The Zen-like spa bath with steam shower and heated floors is only steps away from laps in the pool or relaxing in the ocean view jacuzzi. The additional 4 en-suite bedrooms and media/game room with kitchenette glisten from the light of the pool set above as part of the room’s ceiling, a one-of-a-kind feature. It’s simply a jewel. Convenient to hiking trails, restaurants, coffee shops, Del Mar Racetrack, Dog Beach, and easy access to I-5. The manager has listed the unit size as 5441 square feet.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 4, 2020 | In contract | - | |
| In contract | |||
| Apr 22, 2020 | Listed | $7,995,000 | |
| Listed | |||
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Quintessential beauty, amazing sunsets and a perfect Olde Del Mar location make this coastal modern home an incomparable choice for discerning entertainers or family get-togethers. Designed by architect Ronald Wilson, this 5 bedroom, 5.5 bathroom home, on a sweeping 14,500-square foot lot, is cleverly tucked into the natural landscape and flanked by soaring Torrey Pines. Offering panoramic ocean views throughout, this home is the place your friends and family will be drawn to. See supplement... The manager has listed the unit size as 5441 square feet.
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About Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017