220 Avenida Pelayo
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 7, 2020 | In contract | - | |
| In contract | |||
| Jun 30, 2020 | Listed | $899,990 | |
| Listed | |||
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Welcome home to your beach cottage! Just minutes from San Clemente City Beach and North Beach, this charming bungalow is the perfect year round retreat. Ideally located down the street from many of San Clemente's best dining opportunities and the shops of Outlets at San Clemente. Inside you will find a spacious living area warmed by a cozy brick fireplace as large windows pour in natural light. Newer white paint throughout makes for a bright and airy interior as wide plank wood flooring leads throughout adding to the coastal feel. The kitchen opens to the large living area and features stainless steel appliances and plentiful cabinet space. The three bedrooms are nicely sized and two of which feature french doors to the backyard. The 4500 sqft provides a spacious backyard with lawn and a generous side yard patio ideal for meals in the evening sea breeze. Just around the corner you will find Max Berg Plaza Park, the perfect place for picnics and enjoying the sunny southern california weather. Don't miss out on this opportunity to own your very own beach retreat! The manager has listed the unit size as 1066 square feet.
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| Apr 16, 2018 | Sold | ||
| Sold | |||
| Dec 11, 2017 | Listed by Century 21 Award | $879,000 | |
| Listed by Century 21 Award | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017