3959 Ocean Front Walk
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 |
|---|---|---|---|
| Mar 2, 2023 | No longer available | - | |
| No longer available | |||
| Oct 30, 2022 | Listed by Redfin Corporation | $4,900,000 | |
| Listed by Redfin Corporation | |||
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Unique beach home PARADISE! Welcome to your beachfront, custom built, dream home! The location is one of the best on Ocean Front Walk and this is one of the only single family detached homes available on the boardwalk. This contemporary home on the Pacific Beach boardwalk has three floors of private balconies, spanning 58 feet of beach frontage. The ultimate beach get away is perfect for an owner occupant or second home/high end rental. On all 3 floors the bi-fold doors open all the way up accentuating the views & ocean breeze and truly taking advantage of San Diego's weather with indoor/outdoor living. The manager has listed the unit size as 1571 square feet.
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| Oct 29, 2022 | No longer available | - | |
| No longer available | |||
| Jul 16, 2022 | Price Decreased |
$5,500,000
↓ $200K
(3.5%) | |
| Price Decreased | |||
| Jun 23, 2022 | Listed by Redfin Corporation | $5,700,000 | |
| Listed by Redfin Corporation | |||
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Welcome to your beachfront, custom built, dream home! This contemporary home on the Pacific Beach boardwalk has three floors of private balconies, spanning 58 feet of beach frontage. There are bi-fold doors on all floors, accentuating the views & ocean breeze and truly taking advantage of San Diego's weather with indoor/outdoor living. The first floor is built for entertaining with a full wet bar and refrigerator available for use while grilling in your outdoor kitchen. Pop over to the hot tub for a soak or enjoy the sound of the waves crashing. The manager has listed the unit size as 1571 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017