2699 Sawgrass
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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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | Listed by Century 21 Affiliated | $1,100,000 | |
| Listed by Century 21 Affiliated | |||
| | |||
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Tucked away at the end of a quiet cul-de-sac in the desirable Corte Madera community, this beautifully updated 2-story home sits on a generous 12,042 sq ft lot with architectural drawings for a potential ADU included, offering an exciting opportunity for future expansion or rental income. Inside, vaulted ceilings and abundant dual-paned vinyl windows fill the home with natural light. Rich engineered Acacia wood floors flow throughout the main level, complementing the stunning kitchen equipped with stainless steel appliances, granite countertops, glass tile backsplash, and a large stainless farmhouse sink. The cozy family room features a charming fireplace, perfect for relaxing evenings. Energy-efficient SOLAR is already installed. The spacious primary suite upstairs showcases vaulted ceilings, ample closet space, and a beautifully updated ensuite bath. Step outside to a private backyard retreat with a raised spa and patio, ideal for entertaining or peaceful lounging. Just 25 minutes from downtown San Diego and minutes to shopping, dining, theaters... This home offers comfort, style, and future potential all in one. Tucked away at the end of a quiet cul-de-sac in the desirable Corte Madera community, this beautifully updated 2-story home sits on a generous 12,042 sq ft lot with architectural drawings for a potential ADU included, offering an exciting opportunity for future expansion or rental income. Inside, vaulted ceilings and abundant dual-paned vinyl windows fill the home with natural light. Rich engineered Acacia wood floors flow throughout the main level, complementing the stunning kitchen equipped with stainless steel appliances, granite countertops, glass tile backsplash, and a large stainless farmhouse sink. The cozy family room features a charming fireplace, perfect for relaxing evenings. Energy-efficient SOLAR is already installed. The spacious primary suite upstairs showcases vaulted ceilings, ample closet space, and a beautifully updated ensuite bath. Step outside to a private backyard retreat with a raised spa and patio, ideal for entertaining or peaceful lounging. Just 25 minutes from downtown San Diego and minutes to shopping, dining, theaters... This home offers comfort, style, and future potential all in one.
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| Apr 27, 2017 | Sold | ||
| Sold | |||
| Jan 31, 2017 | Listed by Initiative Real Estate, Inc. | $584,900 | |
| Listed by Initiative Real Estate, Inc. | |||
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About Rancho San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017