211 La Mesa Avenue
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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 |
|---|---|---|---|
| Jun 4, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | Listed by Compass | $2,645,000 | |
| Listed by Compass | |||
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Charming craftsman beach bungalow in prime walk to Stone Steps & Moonlight Beach location! Bright & sunny 2 br 1 ba main house with remodeled great room floor plan, custom island kitchen, french doors, bay window, stone-faced gas fireplace, vaulted beamed ceilings, skylights, solar tubes, gleaming wood floors throughout, + private west facing patio with fire pit. ADU enjoys iIdeal separation of space for 1 br, 1 ba. floor plan~ideally placed behind main house, with separate entrance, above main house's 2 c. garage. ADU also enjoys separate storage room, dedicated electric meter, separate private patio/yard, and in-unit stack set washer and dryer. Cozy efficient kitchen, living area & bedroom are all filled with natural light from an abundance of windows. Charming remodeled eat-in "cottage style" island kitchen with top of the line appliances, custom cabinetry and french doors that open to sunny west-facing patio~perfect for indoor-outdoor entertaining! Gleaming wood floors throughout, skylights plus cozy stone-faced fireplace in great room. Must see to appreciate the ideal separation of space between primary residence and ADU! Spacious 1 br, 1 ba. unit has separate entrance, separate electric meters, stack set washer & dryer, private patio and separate storage space for bikes, etc. Short walk or ride on your beach cruiser to Moonlight Beach,Stone Steps, and downtown Encinitas. Ideal investment for owner occupied buyer or investors. Previous owner passed away peacefully in property surrounded by loving friends and family.
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| Oct 30, 2013 | Sold | ||
| Sold | |||
| Aug 12, 2013 | Listed by Blue Real Property | $975,000 | |
| Listed by Blue Real Property | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017