2347 Terraza Ribera
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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | Listed by Compass | $1,479,800 | |
| Listed by Compass | |||
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Stunning Updated Home on Premium View Lot in Alga Hills! This light-filled home boasts soaring ceilings, rich wood floors, and a spacious chef’s kitchen featuring elegant wood cabinetry and granite countertops. The grand primary suite offers high ceilings, two walk-in closets, and a spa-like bathroom with dual sinks and a beautifully updated shower. Perched high in the desirable Alga Hills community of La Costa, this home enjoys a generous backyard with no neighbors directly behind, providing privacy and breathtaking southern views of the valley and sunsets. Located just east of the coastal fog zone, you’ll enjoy the perfect balance of sunny days and cool ocean breezes. Relax in the sun or extend the retractable patio cover for shaded comfort while soaking in the scenery. Alga Hills offers fantastic amenities, including parks, two pool facilities, and HOA-covered common area maintenance, all for a low monthly fee. Plus, its prime location provides easy access to the beach, shopping, dining, and top-rated schools. Don’t miss this incredible opportunity!
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| Apr 30, 2015 | Sold | ||
| Sold | |||
| Feb 20, 2015 | Listed by Aaron Roth Real Estate | $745,000 | |
| Listed by Aaron Roth Real Estate | |||
| Apr 18, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017