Listed by: Tom Tilford, Better Homes and Gardens Real Estate Napolitano & Associates
$4,695,000
●
House -
Off Market
1170 Pine St
Coronado, CA 92118
3 Beds
2 Baths
1,616 Ft²
$23,054
Est. Monthly
About This Property
Don't miss out on this incredible opportunity! Prime location is
key, and few chances like this still exist in Coronado. Situated
just steps away from the renowned Coronado Beach, this is your
moment to craft your dream beach house. Act now before it's too
late! This 6131 square foot lot is positioned just one house away
from Ocean Blvd, offering endless possibilities. According to
current City of Coronado zoning regulations, there's potential for
an approximate +/- 3795 sq. ft. home (excluding basement). Seize
the opportunity and make your beachfront dreams a reality!
Unit Size
1,616 Ft²
Days on Market
180 days
Land Size
0.14 acres
Price per sqft
$2,905
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (CRMLS #240006513SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Mar 27, 2024 | Listed by Better Homes and Gardens Real Estate Napolitano & Associates | $4,695,000 | |
| Listed by Better Homes and Gardens Real Estate Napolitano & Associates | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Coronado
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Listed by: Tom Tilford, Better Homes and Gardens Real Estate Napolitano & Associates
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240006513SD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240006513SD
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