3420 SPANISH WAY
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | Listed by Ponto Properties | $1,995,000 | |
| Listed by Ponto Properties | |||
| | |||
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Experience ultimate North County coastal elegance in this breathtaking and recently updated home, offering an expansive entertainers backyard along with custom designer finishes inside, situated in the coveted Olde Carlsbad neighborhood on a private cal-da-sac. Completely remodeled in 2019, this 3-bedroom residence includes 2 recently remodeled bathrooms, a private office, and separate walk in storage space. The thoughtfully planned out layout features a primary bedroom custom walk in closet with a quartz countertop island and accessory drawers. The newly updated kitchen offers Wolf and Subzero appliances, wine fridge, and a large entertaining window that offers access to the outdoor dining area. Designed for the ultimate in entertaining, you and your guests will love the Salt Water Pool with attached jacuzzi, in water bar stools and lounge shelf. The backyard includes an outdoor kitchen, gas fire pit and a fully gated turf dog run. The exterior of the home boasts a newer smooth Santa Barbara finish, a modern driveway and an urban pivot front door with sidelight views into the home. Additional features include fully paid solar, large 2 car garage with slider access to the pool area, outdoor tv’s, and 2019 Anderson windows throughout. With easy access to the famous Carlsbad Village and beaches and top rated schools within walking distance, this is the home you have been waiting for.
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| Dec 2, 2013 | Sold | ||
| Sold | |||
| Oct 9, 2013 | Listed by First Team Real Estate | $699,000 | |
| Listed by First Team Real Estate | |||
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About Carlsbad
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017