1894 Lorient Place #2521
About This Property
The manager has listed the unit size as 1315 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%.
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 16, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 20, 2024 | Listed | $624,900 | |
| Listed | |||
| | |||
|
Gorgeous Move-In Ready Home in Otay Ranch’s Mer Soleil Community! This beautifully updated 3-bedroom, 2-bathroom home is ready for you to move in and make it your own. Freshly repainted with a renovated kitchen and brand-new carpet, it offers modern comfort in a prime location. The open-concept layout connects the living room, dining area, and kitchen, providing a spacious and welcoming environment. The kitchen is equipped with ample cabinet space and a breakfast bar, perfect for daily meals and entertaining. The master bedroom is a retreat with its large walk-in closet featuring a custom organizer. The two additional bedrooms are well-sized, each with custom-built closet organizers, and they share a convenient Jack and Jill bathroom. The home also includes a laundry closet with a washer and dryer, as well as a private deck with a great view and extra storage space. Parking is easy with a 1-car attached garage and an additional assigned parking spot. The Mer Soleil community enhances your lifestyle with two swimming pools, a sand volleyball court, an exercise room, a clubhouse, a play structure, and a park.
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 29, 2020 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/23/2025
|
2 Bed
|
2 Bath
|
1066 ft²
|
$599,000
2 Bed
2 Bath
1066 ft²
|
$585,000
-2.34%
09/10/2025
|
Jenny Segovia
Segovia Real Estate Group
| |
|
04/11/2025
|
3 Bed
|
2 Bath
|
1478 ft²
|
$645,000
3 Bed
2 Bath
1478 ft²
|
$615,000
-4.65%
08/04/2025
|
Song Hasell
Windermere Homes & Estates
| |
|
03/01/2025
|
3 Bed
|
2 Bath
|
1315 ft²
|
$639,999
3 Bed
2 Bath
1315 ft²
|
$650,000
+1.56%
04/11/2025
|
Barbara Marsh
AARE
| |
|
08/20/2024
|
3 Bed
|
2 Bath
|
1315 ft²
|
$624,900
3 Bed
2 Bath
1315 ft²
|
$615,000
-1.58%
09/16/2024
|
An Nguyen
Palisade Realty Inc
| |
|
04/11/2024
|
3 Bed
|
2 Bath
|
1315 ft²
|
$649,777
3 Bed
2 Bath
1315 ft²
|
-
-
|
James Noordyk
Dunn, REALTORS/Park Pacific
| |
|
08/25/2021
|
2 Bed
|
2 Bath
|
1066 ft²
|
$515,000
2 Bed
2 Bath
1066 ft²
|
$515,000
11/23/2021
|
Jorge Alvarez
Compass
| |
|
07/13/2020
|
3 Bed
|
2 Bath
|
1315 ft²
|
$425,000
3 Bed
2 Bath
1315 ft²
|
-
-
|
-
| |
|
04/21/2019
|
3 Bed
|
2 Bath
|
1315 ft²
|
$375,000
3 Bed
2 Bath
1315 ft²
|
$395,000
+5.33%
05/17/2019
|
David Jefferson
Coldwell Banker Royal Realty
| |
|
04/04/2018
|
3 Bed
|
2 Bath
|
1315 ft²
|
$365,000
3 Bed
2 Bath
1315 ft²
|
$368,000
+0.82%
05/30/2018
|
Anthony Manzon
Keller Williams San Diego Metro
| |
|
02/15/2017
|
2 Bed
|
2 Bath
|
1066 ft²
|
$290,000
2 Bed
2 Bath
1066 ft²
|
$302,000
+4.14%
03/29/2017
|
Anthony Manzon
Keller Williams Realty
| |
|
10/18/2016
|
3 Bed
|
2 Bath
|
1315 ft²
|
$349,900
3 Bed
2 Bath
1315 ft²
|
$313,500
-10.40%
11/23/2016
|
Dawn Lewis
Big Block Realty, Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017