$846,000
●
House -
Off Market
4240 Milano Way
Oceanside, CA 92057
3 Beds
2 Baths,
1
Half Bath
1,921 Ft²
$4,429
Est. Monthly
$260
HOA / Fees
5.40%
Cap Rate
About This Property
Possible 4th bedroom | Largest Floorplan |New Paint/Carpet | Gated
| Pvt Backyard. Set along the perimeter of the Park Lane gated
community, this beautifully updated home offers unparalleled
privacy with no rear neighbors and tranquil backyard views.
Boasting the largest floor plan in the neighborhood, it features a
formal dining room and a versatile loft that can easily be
converted into a fourth bedroom to fit your needs. Inside, fresh
paint and plush carpeting create a crisp, inviting atmosphere. The
backyard has been thoughtfully enhanced with new sod-ideal for
relaxing, entertaining, or simply enjoying the outdoors in complete
seclusion. Located near highly sought-after schools, the local
YMCA, and the Ocean Ranch Corporate Centre, this home balances
comfort, space, and everyday convenience with ease.
Unit Size
1,921 Ft²
Days on Market
64 days
Land Size
-
Price per sqft
$442
Property Type
House
Property Taxes
-
HOA Dues
$260
Year Built
1998
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (SDMLS #NDP2507415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Price Decreased |
$849,000
↓ $26K
(3%) | |
| Price Decreased | |||
| Aug 17, 2025 | Relisted | $875,000 | |
| Relisted | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ivey Ranch - Rancho Del Oro
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Listed by: Catherine Adair, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2507415
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2507415
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