2665 Idle Hour Lane
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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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Price Decreased |
$10,495,000
↓ $300K
(2.8%) | |
| Price Decreased | |||
| Jan 23, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $10,795,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| | |||
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On a flat and private corner lot of over 1.5 acres in the iconic seaside neighborhood of La Jolla Farms where homeowners are granted a gate key for car access to world-renowned Black's Beach, this timeless property offers a generous slice and views of La Jolla’s most exclusive coastline. Wrapped in privacy, this elegant home designed with South of France, Santa Barbara, and Napa Valley influences enchants with a gated brick motor court, two large manicured lawns surrounded by lush and mature trees, meandering pathways, and a secret garden. Partial ocean views and scenes of sunsets and hang gliders surfing across the horizon are enjoyed from all bedrooms upstairs including a sun/art room with an adjacent covered terrace. Sun and ocean breezes pour through the endless teak French doors and windows. Wall-to-wall Texas limestone with zoned hydronic in-floor heating and indoor-outdoor continuity creates a clean and open feel. The high ceilings throughout are framed with reclaimed fir beams. The expansive chefs kitchen offers a large dining area that easily fits a 10-person table with al fresco options beckoning just outside. The downstairs guest suite is a perfect secondary primary bedroom with an adjoining room that can be used as an office or gym. Additional features include solar, a detached storage casita, central heat and AC, attached garage, and endless space to play. La Jolla Farms is a waterfront neighborhood above Blacks Beach, one of the most desirable surfing destinations in Southern California. Neighborhood benefits include fob entry and a parking permit to access Blacks Beach and the greater Torrey Pines State Beach, opt-in neighborhood 24/7 security surveillance, scenic hiking trails including a little-known walking path to the Torrey Pines Glider Port and Torrey Pines Golf Course, and excellent accessibility to nearby La Jolla Shores, freeways, and conveniences.
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| Jul 31, 2019 | Sold | ||
| Sold | |||
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About Northern San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017