418 Glencrest Dr
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 19, 2020 | In contract | - | |
| In contract | |||
| Sep 7, 2020 | Listed | $1,850,000 | |
| Listed | |||
| | |||
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Tastefully renovated, modern 3 bdrm, 2.5 bath single level home on 1/3 of an acre west of I-5. Upgrades include: wood flooring, kitchen with custom cabinets, quartz counter tops & stainless appliance. Bathrooms with designer vanities, custom glass shower door & high end rain shower in master bath. Energy efficient windows installed throughout most of the house. Large sun-room. Updated plumbing & electrical. Close to all new Solana Beach schools. Explore the possibility of ADU unit. See suppl for upgrades. The manager has listed the unit size as 1802 square feet.
| |||
| Mar 20, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Price Decreased |
$1,850,000
↓ $145K
(7.3%) | |
| Price Decreased | |||
Property Highlights
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About Solana Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017