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503 505 N Nevada Street
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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 |
|---|---|---|---|
| Feb 4, 2026 | Listed by HomeSmart Realty West | $1,690,000 | |
| Listed by HomeSmart Realty West | |||
| Apr 11, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by Rancho Coastal Properties, Inc | $1,199,000 | |
| Listed by Rancho Coastal Properties, Inc | |||
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Great investment or live-in-one rent-the-other opportunity in the great coastal community of Downtown Oceanside. One of the best up-and-coming Southern California beach communities! Situated west of the 5 freeway and just blocks from the ocean, transit center, and amazing local shops, museums, and eateries! This single-story duplex is located on a northwest corner lot and includes two units. Unit one is a 2 bedroom, 1 bathroom house with its own wrap-around yard. The second unit is a studio with 1 bathroom and includes a wrap-around yard and its own double off-street gated parking. The owner has historically enjoyed steady rental income and occupancy due to this highly desirable area of Oceanside. Both units have washers and dryers and are separately metered for gas and electricity. This cute beach bungalow-style duplex could be yours.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017