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14004 Mercado Drive
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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 |
|---|---|---|---|
| Oct 18, 2026 | In contract | - | |
| In contract | |||
| Sep 4, 2026 | Price Decreased |
$4,650,000
↓ $225K
(4.6%) | |
| Price Decreased | |||
| Jun 9, 2026 | Listed by Berkshire Hathaway HomeServices California Properties | $4,875,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Sep 16, 2019 | Sold | ||
| Sold | |||
| May 9, 2019 | Listed by Enid Investments Inc | $2,299,000 | |
| Listed by Enid Investments Inc | |||
| | |||
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This is your opportunity to live in an AMAZING and very desirable Del Mar Heights KACHAY built home. The property located west of I 5 is in close proximity to award-winning schools, shopping, restaurants, world class beaches and Torrey Pines Park hiking. The gated entry provides privacy and access to the relaxing, contemporary courtyard with water feature. Open the front door and you are greeted by a gracious, light-filled two story stunning entryway and a sweeping circular staircase. see supplement You will immediately notice the custom quality design and superb craftmanship. Natural light flows into all of the rooms. The home has been meticulously maintained by the original owners. You feel like you have just entered a MODEL! High ceilings and dramatic lighting are throughout. The completely private downstairs bedroom with ensuite bathroom is perfect for a teen or guests. The barrel-ceiling living room features a custom fireplace and easy access to two courtyards. There is a separate large dining room and an exceptional downstairs office. The home highlights an open Remodeled GOURMET kitchen which extends into the family room with its own fireplace. High end appliances, including a built in wine cooler in the island, makes this wonderful for entertaining. In addition, adjoining the kitchen is a spacious BUTLER"S pantry with sink and walk in storage closet. Kitchen has direct access to the private backyard patio and garden space. Room to build a pool! Upstairs is an impressive master suite with dual sided fireplace, large closet, built-ins and a fabulous bathroom. The TV and sound bar will stay. Ocean View from Master Bedroom. Deck off Master that captures sunset views! Large laundry room upstairs with sink and loads of storage space. The two over sized bedrooms, each with walk-in closets and custom travertine ensuite bathrooms complete the second floor. Double garage and one single garage. Single garage can be converted to an auxilary unit! Drought to...
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Price/ft²
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About Northern San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017