248 W 9th st
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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 6, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Dec 8, 2025 | Listed by The Oppenheim Group | $699,000 | |
| Listed by The Oppenheim Group | |||
| | |||
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Discover a rare opportunity to own a beautifully restored Craftsman-style home in the heart of Old Historic Escondido, where classic character meets modern comfort. This thoughtfully curated 2-bed, 1-bath main house showcases rich architectural details, hardwood floors, plantation shutters, and an inviting fireplace that anchors the living space with warmth and charm. The remodeled kitchen blends vintage appeal with upscale upgrades, featuring quartz countertops, a custom farmhouse-style sink, and a statement retro fridge that adds a touch of personality. The home’s abundant natural lighting enhances every room, highlighting its craftsmanship and timeless design. The spa-inspired bathroom includes a beautiful stand-alone antique tub, creating a serene retreat. Energy-efficient solar adds modern convenience. A beautifully designed detached ADU offers exceptional flexibility for guests, extended family, or rental income—complete with its own full bath, kitchenette, and refrigerator. The property sits on a spacious lot with curated outdoor spaces, including garden beds, a secluded jacuzzi area, and generous open yard space perfect for entertaining or relaxation. Alley access with a private gate offers convenience, while two storage sheds provide ample extra space. A truly unique blend of vintage soul and contemporary upgrades—this home captures the essence of luxury living in one of Escondido’s most charming historic neighborhoods.
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| Jun 18, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by HomeSmart Realty West | $509,000 | |
| Listed by HomeSmart Realty West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017