1640 Ludington Ln
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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.
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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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 25, 2025 | In contract | - | |
| In contract | |||
| Oct 18, 2025 | Price Increased |
$5,995,000
↑ $315K
(5.6%) | |
| Price Increased | |||
| Aug 22, 2025 | Listed by Compass | $5,680,000 | |
| Listed by Compass | |||
| Feb 24, 2025 | Listed | $5,999,500 | |
| Listed | |||
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Discover unparalleled elegance and privacy in this recently remodeled hillside retreat, perfectly situated in the heart of La Jolla. Enjoy panoramic coastal views from nearly every room of this extraordinary four-bedroom, four-and-a-half-bath home. Nestled at the end of Ludington Lane, the home is hidden from view, providing unmatched privacy and a sense of serenity. Upon entering, you are greeted by sweeping vistas that stretch across the coastline and beyond. Expansive windows and sliding glass doors flood the home with natural light while framing the breathtaking scenery. The thoughtfully designed floor plan features spacious living areas, ideal for entertaining or quiet relaxation. Step outside to the meticulously designed outdoor spaces, where expansive terraces enjoy panoramic coastal views. Each of the four bedrooms offers its own private sanctuary, complete with en-suite baths and access to view decks. The primary suite is a true retreat, boasting a spa-like bath, walk-in closet, and a large terrace overlooking the coastal horizon. Despite its remarkable seclusion, this home is located just moments from The Village of La Jolla, with world-class dining, boutique shopping, and iconic beaches all within easy reach.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017