301 Avenida Arlena
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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 21, 2018 | No longer available | - | |
| No longer available | |||
| Aug 17, 2018 | Sold | ||
| Sold | |||
| Jun 19, 2018 | Listed | $1,695,000 | |
| Listed | |||
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This gorgeous, panoramic ocean view, single level home is a rare combination of highly desirable features that is rarely seen on the market. The home was completely remodeled in 2012 and is situated at the western end of a small, quiet cul-de-sac of 6 homes above central San Clemente. The home includes 3BR/2 ½ Ba plus a den/office, a great room for living and dining with a gas log fireplace to add ambiance. As you enter into the private courtyard, enjoy the beauty of lush landscaping. To the right of the front door, another private grassy courtyard includes a hot tub. The home has a large, private back patio ideal for entertaining, with sweeping views that include Catalina Island, San Clemente Pier and Dana Point Harbor. Wake up in the lovely, remodeled master bedroom to city/ocean views and enjoy spectacular sunsets in the evenings from most every room in the house or on the patio. This is truly a “one-of-kind” property that must be seen to fully appreciate!” The manager has listed the unit size as 2077 square feet.
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| May 20, 2018 | Listed by First Team Real Estate | $1,695,000 | |
| Listed by First Team Real Estate | |||
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About San Clemente
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017