1935 Santa Fe Avenue
About This Property
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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 |
|---|---|---|---|
| Aug 6, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Listed by Compass | $5,195,000 | |
| Listed by Compass | |||
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Discover your beachside haven at 1935 Santa Fe Avenue in Del Mar's exclusive Beach Colony. This inviting 3-bedroom, 2-bathroom home spans 1,561 square feet, offering comfort and style. Set on a generous 12,731 square foot lot, there's ample room to enjoy as-is, add an ADU, or create your dream residence. With air conditioning, indoor laundry, and a separate two-car garage plus driveway parking for five to six cars, convenience meets coastal charm. Just a short walk from Del Mar's famous beaches and dining, this property invites you to experience true coastal living in a sought-after locale.
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| Sep 27, 2024 | Sold | ||
| Sold | |||
| Nov 8, 2023 | Listed by Compass | $4,899,999 | |
| Listed by Compass | |||
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Welcome to Del Mar's Beach Colony, where coastal living meets convenience! This spacious two-bedroom, two-bath home boasts over 1,500 square feet of living space. It is ideally situated just one block away from the beach, providing easy access to world-renowned shopping, vibrant parks, delectable restaurants, and luxurious hotels. Nestled on one of the largest lots in the Beach Colony, this property offers tremendous potential. Zoning permits the construction of up to a 5,700-square-foot residence, and there's even room for an ADU (Accessory Dwelling Unit), exempt from the city's zoning calculations. The possibilities are endless! Enjoy the California sunshine in your very own private patio, complete with a cozy fireplace and a barbecue, perfect for entertaining family and friends. The current homeowner has invested over $800,000 in renovations since acquiring the property, ensuring it's in top-notch condition. Don't miss out on this incredible opportunity to own a piece of Del Mar's coveted Beach Colony, where the surf meets the turf. This home is competitively priced and ready for its next lucky owner. Contact us today to schedule a viewing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017