300 7th Street
About This Property
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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 |
|---|---|---|---|
| Feb 4, 2015 | Sold | ||
| Sold | |||
| Dec 20, 2014 | Listed by Keller Williams Carmel Valley | $1,375,000 | |
| Listed by Keller Williams Carmel Valley | |||
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EXPERIENCE DEL MAR: Close your eyes and imagine the calming sound of the Pacific tide brushing back and forth on Del Mar's sprawling shoreline. Feel your shoulders relax as your chest fills with the thick salt air and is embraced by the warmth of California's eternal sun. Positioned at the end of a cul-de-sac just 2 blocks from the coast, and 6 blocks from downtown Del Mar, 300 7th St was designed by long-standing Del Mar architect Richard Bokal to capture this (continued in Supplement below)... Neighborhoods: Del Mar Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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| Jun 13, 2014 | Sold | ||
| Sold | |||
| Jan 23, 2014 | Listed by David Adler, Broker | $1,249,000 | |
| Listed by David Adler, Broker | |||
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About Del Mar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017