2325 Element Way #4
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 |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Sep 16, 2024 | Listed by FOSTER HAMILTON Real Estate Co | $710,000 | |
| Listed by FOSTER HAMILTON Real Estate Co | |||
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Welcome to this stunning tri-level condo located in the highly desirable, newer development of Millenia in East Chula Vista. Freshly painted and move in ready, this contemporary 3-bedroom, 3-bathroom home boasts a spacious and versatile floor plan, perfect for modern living. The open-concept main level is filled with natural light and offers seamless indoor-outdoor flow to a private balcony, where you can take in breathtaking views of the surrounding area. The gourmet kitchen is equipped with sleek stainless steel appliances, quartz countertops, and ample cabinet space, making it a chef’s dream. Each bedroom is generously sized, with the primary suite offering a serene retreat complete with a walk-in closet and spa-like en-suite bathroom. The Millenia community is rich with amenities, including parks, trails, and convenient access to shopping, dining, and top-rated schools. With its prime location, stylish design, and panoramic views, this tri-level condo is the perfect blend of luxury and convenience in the heart of East Chula Vista. Don’t miss the opportunity to call this exceptional property home! Seller may consider a credit for carpet! Lease considered.
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| Aug 5, 2023 | No longer available | - | |
| No longer available | |||
| Jul 19, 2023 | In contract | - | |
| In contract | |||
| Jul 2, 2023 | Listed by eXp Realty of California Inc. | $659,000 | |
| Listed by eXp Realty of California Inc. | |||
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Welcome home to Millenia’s finest with a stunning mountain view! With modern upgrades this townhome features an open concept entertainers kitchen, in unit washer and dryer, fresh paint, and tons of natural light. Two balcony spaces allow for outdoor relaxation in this quiet and tranquil community. The spacious 2-car garage has ample storage with new epoxy flooring. Home is pre-wired for surround sound in the living room and wired for smart home technology throughout. This community offers incredible walk-ability with stylish and comfortable living. Millenia’s amenities feature a community pool, spa, playgrounds, dog parks, and a community garden. Don't miss out on this opportunity to live in one of the most desirable areas in San Diego. The manager has listed the unit size as 1430 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 |
|---|---|---|---|---|---|---|---|
|
09/16/2024
|
3 Bed
|
3 Bath
|
1430 ft²
|
$710,000
3 Bed
3 Bath
1430 ft²
|
$706,000
-0.56%
02/20/2025
|
Angelica Martinez
David Lyng Real Estate
| |
|
07/02/2023
|
3 Bed
|
2.5 Bath
|
1430 ft²
|
$659,000
3 Bed
2.5 Bath
1430 ft²
|
-
-
|
Marina Morse
eXp Realty of California, Inc.
| |
|
09/06/2019
|
3 Bed
|
2 Bath
|
1430 ft²
|
$449,000
3 Bed
2 Bath
1430 ft²
|
$454,000
+1.11%
01/30/2020
|
Mariko Tortolero
Palisade Realty, Inc
|
Building Info
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Address: 335 Madison Avenue, New York, NY 10017