2878 Avenida Cereza
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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 |
|---|---|---|---|
| Oct 22, 2021 | No longer available | - | |
| No longer available | |||
| Oct 9, 2021 | In contract | - | |
| In contract | |||
| Sep 13, 2021 | Listed by Schoolhouse Realty | $1,695,000 | |
| Listed by Schoolhouse Realty | |||
| | |||
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Tip-top remodel on a huge, level corner lot in La Costa Valley. Details matter. Shiplap, crown, wainscot, coffer, shutters, cased windows, roman shades and archways. Modern meets Mediterranean. New windows throughout, Pasadena-style interior doors added, a showcase kitchen with all the bells & whistles, fabulous flooring, whole house exterior paint. Sky-high baseboards. Remodeled bathrooms, backlit built-ins, overhead lighting and ceiling fans. Need a downstairs drop zone? Find custom backpack, book & board storage behind the barn door. The 3-car tandem garage (epoxied!) adds surfboard racks, bike storage, workshop space, cabinets and shelves for all the SoCal fun supplies. Walls of windows flood the home with light, including the vaulted master bedroom with a star-viewing balcony and charming alcove for reading, stretching, the Peloton. Check out the new master bathroom--you'll think Chip & Jo live here. Shiplap, modern double-vanity, center storage, metal sconces, stand-alone tub, ceiling height shower tile and splashy rainhead plus wand sprayer. The classiest master closet. All built-in and full of cabinets, drawers and shelves. Wink at your fine, organized selves in the mirrored closet door. The kids get their own wing, wainscot and a built-in bookshelf. Crown molding, too. And a breezy shared bathroom with fresh white tile and a port hole looking towards the sea. Toss the towels in the upstairs laundry nearby before you step out to the massive backyard to play and enjoy the privacy of
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| May 4, 2017 | Sold | ||
| Sold | |||
| Feb 21, 2017 | Listed by The One Percent Solution | $976,000 | |
| Listed by The One Percent Solution | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017