1260 Oribia Road
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 9, 2025 | Price Decreased |
$2,649,000
↓ $140K
(5%) | |
| Price Decreased | |||
| Jun 28, 2025 | Price Decreased |
$2,789,000
↓ $60K
(2.1%) | |
| Price Decreased | |||
| May 9, 2025 | Listed | $2,849,000 | |
| Listed | |||
| | |||
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Tucked into a quiet corner of Olde Del Mar, 1260 Oribia sits on over half an acre with open views of the lagoon and Crest Canyon. This upgraded home blends privacy and charm with a rare sense of space in one of Southern California’s most sought-after coastal communities. Just minutes from the beach, downtown Del Mar, Solana Beach, and the world-famous Del Mar Racetrack, the location offers a perfect mix of nature, convenience AND privacy. The home is filled with character inside and out, including wood beamed ceilings, wood paneling, new light fixtures, built-ins, and a large wood burning fireplace. The home went though a recent renovation including new flooring, upgraded appliances and countertops in the kitchen, bathrooms, new doors and windows, new roof and brand new septic. Thoughtfully designed landscaping frames the home in lush greenery with beautiful outdoor living spaces. Whether you're watching hot air balloons drift across the horizon, hiking by the lagoon, or cycling to the beach, this property offers a laid-back lifestyle with room to grow. A one-of-a-kind opportunity in a town that rarely offers this much land and this much quiet.
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| Jan 25, 2021 | Sold | ||
| Sold | |||
| Dec 2, 2020 | Listed by Compass | $1,150,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017