514 AVENIDA ORTEGA
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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.
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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 2, 2016 | Sold | ||
| Sold | |||
| Oct 20, 2015 | Listed by Keller Williams Realty | $659,000 | |
| Listed by Keller Williams Realty | |||
| Jun 22, 2012 | Sold | ||
| Sold | |||
| Mar 8, 2012 | Listed by Real Living Lifestyles | $440,000 | |
| Listed by Real Living Lifestyles | |||
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Spacious newer home located on a great cul de sac in Buenavida, near the University. Located in one of the most convenient locations in North County just minutes from shopping, theatres, restaurant row, great schools, Discovery Lake, Lowes, Home Depot the list goes on & on. If you feel like going to the beach just hop on San Marcos Blvd and head west, you will run right into it. Did I mention the great schools? Check it out! They are completely rebuilding San Marcos High which is highly ranked. [Supplement]: This truly is a great location. As I stated above you are so close to everything. Think about this for a minute. Your child, if you wish, could start their school career in kindergarten, go through elementary, middle and high school and then get a diploma from a great California university and never have to go more than 3 or 4 miles from home! How is that for saving on dorm fees? San Marcos High School has earned the California Distinguished School award and is also nationally a highly ranked school. Not only that it's being completely rebuilt and is currently under construction. Does you child have a flair for computer sciences? High Tech High School is right across the street from the traditional high school. You really need to see this area of San Diego County and take your time and linger to truly get a grip on how really great it is. Come on over and see for yourself, you will not be disappointed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017