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1237 5th St
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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 |
|---|---|---|---|
| Jun 11, 2024 | No longer available | - | |
| No longer available | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by eXp Realty of California Inc. | $1,559,000 | |
| Listed by eXp Realty of California Inc. | |||
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Experience an incredible beach lifestyle in your charming remodeled 5 bedroom 4.5 bathroom plus office residence nestled on one of the most desirable streets in Imperial Beach! This coastal gem offers the perfect blend of comfort, convenience, and laid-back elegance, providing a fun beach retreat just steps from the sand and surf. Step inside to discover a remodeled interior filled with natural light, fresh paint, new flooring throughout, owned solar panels and much more. The open-concept layout creates a warm and inviting atmosphere, perfect for both relaxation and entertaining with ample room for family gatherings and social events. The well-appointed kitchen features modern appliances with double ovens and gas cooktop, ample cabinet space, and generous kitchen island with breakfast seating. Whether you're whipping up a quick meal or preparing a feast for friends and family, this kitchen has everything you need. With the simple addition of a partition wall and kitchen (already plumbed for), this large property is set up for an amazing interior ADU over the garage (already built). Step outside to your own private patio, where you can enjoy al fresco dining, sunbathing, or simply soaking in the sunshine. The property also includes an attached 3 car garage with additional alley parking. Imperial Beach is the undiscovered beach city, a true gem of SoCal with a laidback lifestyle, new restaurants and breweries, all within a short drive to Coronado and San Diego! Ask about an ADDITIONAL $7,000 home buyer credit available on this home via the Community Promise Program. The manager has listed the unit size as 3717 square feet.
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| Aug 13, 2019 | Sold | ||
| Sold | |||
| May 10, 2019 | Listed by Pacific Realty | $975,000 | |
| Listed by Pacific Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017