401 Glencrest
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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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | Listed by Compass | $3,995,000 | |
| Listed by Compass | |||
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Welcome to an exquisite single-story residence nestled in the prestigious enclave of West Solana Beach. This elegant home, meticulously crafted in 2009, featuring 4 bedrooms and an office nook offers a harmonious blend of sophistication and comfort. Spanning 3,017 square feet, the open floor plan is thoughtfully designed to maximize space and light, with vaulted ceilings and large windows that bathe the interiors in natural sunlight. Upon entering, you are greeted by a spacious living area that seamlessly flows into the gourmet kitchen, perfect for both intimate gatherings and grand entertaining. The home boasts four generously sized bedrooms and three and a half bathrooms, each offering a serene retreat. The primary suite is a sanctuary of its own, featuring a spa-like bathroom bringing the outdoors in and a walk-in closet to die for. Each additional bedroom is thoughtfully appointed, providing comfort and privacy for family and guests alike. A few additional important details. This home features a Crestron home automation system, owned solar panels, and a complete home water filtration system. Step outside to discover an expansive hillside backyard, a true oasis that offers tranquility and breathtaking views. The 15,300 square foot lot provides ample space for outdoor activities, gardening, or simply enjoying the serene surroundings. With its impeccable curb appeal, this home is a testament to refined living in one of Solana Beach's most sought-after neighborhoods. Close to schools, the beach, train station, shopping, Cedros Design District and restaurants galore. Experience the perfect blend of elegance and modern convenience, where every detail has been carefully curated to create a truly exceptional living experience.
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About Solana Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017