318 Avenida Sierra
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%.
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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 |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| May 28, 2021 | In contract | - | |
| In contract | |||
| May 21, 2021 | Price Increased |
$1,200,000
↑ $25K
(2.1%) | |
| Price Increased | |||
| May 10, 2021 | Listed by Reliance Real Estate Services | $1,175,000 | |
| Listed by Reliance Real Estate Services | |||
| | |||
|
This Single Level - Coastal Living Delight, is all about a beach lifestyle. Enjoy the ease of walking to downtown Del Mar Street to enjoy Dining, Pubs and Entertainment, then take a walk along the beach to enjoy the beautiful SoCal Sunsets, and Beach Activities. The home Showcases a gorgeous just finished ALL NEW kitchen, features a grand seven ft. Island with a waterfall styling, and a Chefs dream professional style range, hosting gas burners and dual electric ovens, not to forget the trending embellishments of brass style finishes, pendent and recessed lighting. An oversized Living Room has a Bay Window with a view of the front gated courtyard, and a large fireplace to assist those cool winter evenings. The Owner’s Suite, and a Secondary bedroom have sliding doors to the large back deck that overlooks the Entertainment backyard with multiple areas for seating to enjoy the coastal breeze, and amazing sunsets. The lot is just over 8,000 sq feet, with NO home behind it, allowing an open vibe feel, and peek-a-boo costal vibe views. Pavers enhance a wide driveway, and extend into the gated front courtyard, that has peek-a-boo view. Amenities Added - New Wood Style Flooring, Newer Exterior Paint, Newer Windows, Newer Sliding Doors, low maintenance yard, and for those warm summer nights a Newer AC system. Location, Location, property is located on the ocean side of the 5 fwy. Live your Beach Life Dream in highly desirable San Clemente. The manager has listed the unit size as 1555 square feet.
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| Apr 12, 2019 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About San Clemente
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017