1435 Bel Air Dr #C
About This Property
The manager has listed the unit size as 1122 square feet.
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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 |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Dec 5, 2025 | In contract | - | |
| In contract | |||
| Nov 28, 2025 | Listed | $429,000 | |
| Listed | |||
| | |||
|
Fantastic price for this sophisticated 2-bedroom, 1.5-bath townhouse in the highly desirable Torrey Pines community. The updated kitchen features stainless steel appliances, modern countertops, and opens to the dining area — perfect for cooking and entertaining. Recent upgrades include windows that fill the home with natural light and a water heater installed for peace of mind (both installed in 2024). The spacious living room opens to a private enclosed patio, ideal for outdoor dining or relaxing. A small artificial turf area makes it great for pet owners. Recessed lighting, ceiling fans, and an indoor laundry area add comfort and convenience. Enjoy the community pool and clubhouse just steps away. The well-maintained HOA takes care of landscaping and water utilities, making ownership easy. Homes in Torrey Pines rarely come on the market — don’t miss this one!
| |||
| Nov 19, 2025 | Price Decreased |
$429,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Nov 7, 2025 | Price Decreased |
$439,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/28/2025
|
2 Bed
|
1 Bath
|
1122 ft²
|
$429,000
2 Bed
1 Bath
1122 ft²
|
$429,000
01/06/2026
|
Norm Stanley
Golden Gate Sotheby's Int'l Re
| |
|
07/19/2024
|
3 Bed
|
2 Bath
|
1185 ft²
|
$509,500
3 Bed
2 Bath
1185 ft²
|
$509,500
09/03/2024
|
Rob Baldwin
Baldwin Property Management
| |
|
06/15/2023
|
Loft
|
1 Bath
|
1122 ft²
|
$499,000
Loft
1 Bath
1122 ft²
|
-
-
|
Amy Stanley-meyer
Golden Gate Sotheby's Int'l Re
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017