1649 Portside Place
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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.
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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Jan 1, 2026 | Listed by Compass | $1,825,000 | |
| Listed by Compass | |||
| | |||
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One-of-a-kind expansive entertainers lot with panoramic mountain and ocean views! This unicorn of a property is a true rarity in the sought after gated community of Promontory Ridge in San Elijo Hills. Prime location privately situated on nearly 1/4 acre at the end of a double cul-de-sac with a sparkling pool, spa, and wrap-around yard with bonus space perfect for playing and gatherings. Solar energy and a private extended driveway enhance the home's efficient and convenient lifestyle. Discover a sanctuary of modern living where lovely views greet you throughout, complemented by stylish updated floors and a fully remodeled kitchen that serves as a centerpiece to the open flowing layout. The upper level includes three additional bedrooms, a study nook, and a private primary suite complete with dual balconies, an ensuite bathroom, and a walk-in closet. Conveniently close proximity to trails, top-rated schools, and the vibrant San Elijo Hills Town Square.
| |||
| Sep 24, 2025 | Price Decreased |
$1,795,000
↓ $24K
(1.3%) | |
| Price Decreased | |||
| Sep 16, 2025 | Price Decreased |
$1,819,000
↓ $31K
(1.7%) | |
| Price Decreased | |||
| Aug 30, 2025 | Relisted | $1,850,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017