2315 Caringa Way #48
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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | Listed by Coldwell Banker West | $849,000 | |
| Listed by Coldwell Banker West | |||
| Jun 18, 2022 | No longer available | - | |
| No longer available | |||
| May 28, 2022 | In contract | - | |
| In contract | |||
| May 23, 2022 | Listed by Finest City Homes & Loans | $769,000 | |
| Listed by Finest City Homes & Loans | |||
| | |||
|
MAGNIFICENT OCEAN VIEW CONDO WITH PANORAMIC VIEWS OVER LA COSTA RESORT, BATIQUITOS LAGOON, AND ALL THE WAY TO THE OCEAN. 2 LARGE VIEW BALCONIES PLUS A REAR PATIO. EXCELLENT REMODEL ON THIS HUGE OPEN FLOOR PLAN. 2 LARGE BEDROOMS, 2 FULL BATHS. MULTI LEVEL UNIT WITH HARDWOOD FLOORS, FIREPLACE, STAINLESS APPLIANCES PLUS A WASHER & DRYER. GRANITE COUNTERS IN KITCHEN AND BOTH BATHROOMS. ATTACHED 2 CAR GARAGE, PRIVATE LAUNDRY, AND PLENTY OF STORAGE. COMMUNITY POOL/SPA. COASTAL LIVING IN A QUIET LOCATION. CLOSE TO BEACHES, RESTAURANTS, SHOPPING AND SCHOOLS. The manager has listed the unit size as 1536 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/17/2026
|
2 Bed
|
2 Bath
|
1536 ft²
|
$729,900
2 Bed
2 Bath
1536 ft²
|
$700,000
-4.10%
03/27/2026
|
JEAN TANNER
NATIONAL REALTY GROUP
| |
|
01/23/2025
|
2 Bed
|
2 Bath
|
1536 ft²
|
$849,000
2 Bed
2 Bath
1536 ft²
|
$837,000
-1.41%
03/28/2025
|
Terri Fox
Coldwell Banker West
| |
|
05/23/2022
|
2 Bed
|
2 Bath
|
1536 ft²
|
$769,000
2 Bed
2 Bath
1536 ft²
|
-
-
|
Eric Vaca
Finest City Homes & Loans
| |
|
05/17/2016
|
2 Bed
|
2 Bath
|
1540 ft²
|
$499,000
2 Bed
2 Bath
1540 ft²
|
$460,000
-7.82%
11/07/2016
|
Amiel Rowley
BCR Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017