1
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228 W Canada #2
About This Property
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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 |
|---|---|---|---|
| Jul 21, 2026 | Sold | ||
| Sold | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by Conrad Realtors Inc | $1,695,000 | |
| Listed by Conrad Realtors Inc | |||
| |||
|
Walk to the beach and the San Clemente Beach Trail from this beautifully updated coastal home! Ideally located just moments from sun, sand, and surf, this 3-bedroom, 2.5-bath residence offers the ultimate beachside lifestyle with easy access to the Pier, local restaurants, weekly Farmer’s Market, and unforgettable ocean sunsets. Conveniently situated within walking distance to Las Palmas Elementary School and multiple neighborhood parks, this location perfectly combines coastal living with everyday convenience. Inside, the home features a thoughtfully upgraded kitchen with quartz countertops, including a waterfall peninsula, custom cabinetry, farmhouse sink, and stainless-steel appliances. Wide-plank flooring flows throughout the main level, complementing the light and airy coastal feel. All three spacious bedrooms are located upstairs, including a stunning primary suite with a walk-in closet, a primary bath featuring a large walk-in shower with dual shower heads, and a private balcony showcasing sweeping hill views on one side and ocean views on the other. This is also the perfect spot for a direct view of the 4th of July fireworks off the Pier! Enjoy ocean breezes in the recently refreshed side yard patio, seamlessly connected to the living spaces through sliding doors making it an ideal setting for entertaining or relaxing outdoors. Additional highlights include a generously sized 2-car garage with ample storage, an extended driveway, and a wide street offering additional parking options. Only one common wall and no one above or below. Live the coastal lifestyle you've been dreaming of, where the beach, schools, parks, and all that San Clemente has to offer are just moments from your door!
| |||
| May 14, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | Listed by Conrad Realtors Inc | $925,000 | |
| Listed by Conrad Realtors Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/17/2026
|
3 Bed
|
2 Bath
|
1362 ft²
|
$1,695,000
3 Bed
2 Bath
1362 ft²
|
$1,705,000
+0.59%
07/21/2026
|
Bill Conrad
Conrad Realtors, Inc
| |
|
02/28/2019
|
3 Bed
|
2 Bath
|
1362 ft²
|
$925,000
3 Bed
2 Bath
1362 ft²
|
$875,000
-5.41%
05/14/2019
|
Bill Conrad
Conrad Realtors, Inc
|
Building Info
About San Clemente
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