$1,900,000
●
House -
Off Market
471 Avenida Primavera
Del Mar, CA 92014
3 Beds
2 Baths
1,259 Ft²
$3,130,621
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Beautiful Old Del Mar! This charming single level gem is located on
one of the most coveted streets in the village. Stroll the two
blocks into historic Del Mar Village for great dining, shops,
concerts and of course our wide and sandy beaches. Beautiful
mid-century windows create lovely light changes throughout the day.
Level and fully useable generous 9000+ square foot lot offers great
privacy with lots of lush tropical vegetation. Great neighbors,
great neighborhood. This is opportunity knocking. Neighborhoods:
Village Equipment: Garage Door Opener, Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
1,259 Ft²
Days on Market
57 days
Land Size
-
Price per sqft
$1,549
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
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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: 4 months ago (SDMLS #170022873)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2017 | Sold | ||
| Sold | |||
| May 4, 2017 | Listed by Allison James Estates & Homes | $1,950,000 | |
| Listed by Allison James Estates & Homes | |||
| Aug 21, 2014 | Sold | ||
| Sold | |||
| Mar 13, 2014 | Listed by Compass | $1,895,000 | |
| Listed by Compass | |||
| | |||
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Tranquil single level retreat located steps to the village and beach in Olde Del Mar. Avenida Primavera is one of the most prestigious streets in Southern California. Mature landscape provides for multiple private outdoor areas to enjoy the southern California lifestyle. There is also potential to add more square footage to the current structure if desired. A private drive to the west allows access to the detached garage off of the street. Do not miss this rare opportunity to live in a true paradise. Neighborhoods: Olde Del Mar Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
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Status
Type
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ft²
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Closing Price
Sold On
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HOA + Taxes
About Del Mar
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Listed by: Joanne Petrilli, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170022873
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170022873
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