517 N Cedros
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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.
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 |
|---|---|---|---|
| Jun 5, 2025 | Listed | $2,950,000 | |
| Listed | |||
| | |||
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One of the best locations in Solana Beach. Walk to world class beaches like Seaside, Tide Park or Fletcher Cove. Walk or bike to local schools, restaurants, bars, Cedros design district or the train station. Beautifully upgraded with a contemporary beach vibe. Spend the day at the beach and clean off using an outdoor shower. The back deck is perfect to entertain, bask in the sun or watching the waves roll in. Additional side and front patios. 4 bedrooms, 3 bath with peekaboo ocean view from the loft or master retreat. The private 3rd floor loft is a perfect flex room for a possible office, yoga/workout room, entertainment room or guest room that allows flexibility for any possible specific needs may want or need. 2nd floor has 3 bedrooms and 2 baths. Including master bedroom with spa like master bathroom. 2 additional larger bedrooms on the 2nd floor with with Jack and Jill style bathroom. Walk in closets on all 2nd floor bedrooms. The 1st floor bedroom can also be used as an office or allows flexibility that opens to the front patio. Full bathroom on the 1st floor as well. 1st floor open floor plan with kitchen, dining area, laundry room, walk in pantry and living area that is perfect for relaxing or entertaining. Enjoy the fireplace on those rare cold winter nights or use the AC on those rare hot summer days. Wood flooring with multiple windows inviting in natural light. Beach life at its finest allowing the best things that Solana Beach has to offer right outside your front door. Low maintenance property. Everything you could want and more. Welcome home!
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| Mar 9, 2020 | Sold | ||
| Sold | |||
| Dec 8, 2019 | Listed by Century 21 Award | $1,649,000 | |
| Listed by Century 21 Award | |||
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About Solana Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017