2249 Calle Opalo
About This Property
New gas heater pool (2018) Pool remodel-skimmer replacement, coping, rebar, gunite (2017) Exterior paint (2019) New Water Heater (2023)
Lennox Icomfort furnace/air conditioner (2020) Turf replacement/Grizzly turf (15 year warranty) (2020) Complete copper replacement w/pex (2015)
Milgard vinyl windows /doors and Hunter douglas duette window & slide door coverings. Positioned on a family-friendly cul-de-sac street in the 24-hour guard-gated Marblehead community, this is a quiet and desirable beach-close neighborhood. An outstanding elementary school nearby, hiking, world-class surfing, parks, easy access to the freeway, shopping at the Outlets and Target down the street, great new restaurants, and just a quick drive to the historic downtown, the 2.5 mile oceanfront beach trail, SC Pier, and amazing beaches, this home is truly a gem!
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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%.
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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 |
|---|---|---|---|
| Jan 9, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Coldwell Banker Realty | $1,799,000 | |
| Listed by Coldwell Banker Realty | |||
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About Marblehead Inland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017