1351 Emerald Ave.
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%.
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 15, 2022 | No longer available | - | |
| No longer available | |||
| Jul 30, 2022 | In contract | - | |
| In contract | |||
| Jun 30, 2022 | Listed by Coldwell Banker West | $1,351,000 | |
| Listed by Coldwell Banker West | |||
| | |||
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Beautiful Ranch Home with potential for Multi Generational living. It is just 19 min from downtown San Deigo. This large 1.13 acre property is exploding with potential. A home buyer could potentially live for free with the purchase of this property. The lot can house up to 6 additional units or multiple ADU units, subject to building/planning municipal approval. A beautiful property with creative and artistic floorplan designed for indoor and outdoor living. The master suite is like a home all on it's own separated by beautiful breezeway, creating privacy. The bedrooms are a good size, the kitchen and family room share an open concept. It's modern but has some mid century characteristics as well. The pool is large and fenced in , the home has 2 entrances with a large circular driveway. The artist studio and back workshop is ideal for the creative at heart. The location is ideal , close to Helix , in a residential area with easy freeway access, shopping and schools nearby. Its a unique slice of property in San Diego that you won't find everyday. A home with this much useable land is hard to find. The manager has listed the unit size as 2148 square feet.
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| Nov 30, 2016 | Sold | ||
| Sold | |||
| Oct 3, 2016 | Listed by Pacific Preferred | $605,000 | |
| Listed by Pacific Preferred | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017