259 N Encinitas Avenue
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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.
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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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 12, 2024 | Listed by Coldwell Banker Realty | $1,748,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jun 12, 2024 | Listed by Norm Haley Real Estate | $1,750,000 | |
| Listed by Norm Haley Real Estate | |||
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Welcome to Monrovia! This home located in the North Encinitas Historic District is just 2 blocks from the vintage charm of beautiful downtown Monrovia with easy access to shopping , restaurants and proximity to the Gold Line. Built in 2006, this 4 bedrooom, 31/2 bath home is a special find due to its location, size and wonderful exterior porches. Two main suites located on each floor make this home suitable for individuals, couples, large families or multigenerational living. Come home each day and enjoy the afternoon breeze rustling through the leaves on this beautiful tree lined street. You enter the home through the large living room and adjacent formal dining room. The kitchen is open concept to the family room which has direct access to the large rear porch spanning the entire width of the home which is truly an outdoor living room with views of the mature citrus trees and drought tolerant landscaping. Upstairs are 3 spacious bedrooms and 2 bathrooms. This home is a real gem with appeal to many buyers offering the square footage that is so unusual in this historical district with traditional charm, 2 fireplaces, and the opportunity for outdoor living that is unparalleled.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017