525 Ford Ave
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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 |
|---|---|---|---|
| Dec 14, 2023 | No longer available | - | |
| No longer available | |||
| Oct 18, 2023 | In contract | - | |
| In contract | |||
| Mar 29, 2023 | Listed by Compass | $3,195,000 | |
| Listed by Compass | |||
| | |||
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Incredible opportunity to build in Solana Beach with an ocean view on a flat 11,800 square foot lot (.27 acre). Construction financing is available. The new owner will benefit from more than 30 months of the planning and approval process to start building this modern coastal abode with approx. 4,017 of new living space. The approved plans feature 4 bedrooms, 5.5 baths, 2 car garage, and 1,500 square feet of covered patio space. The site improvements will blend together indoor and outdoor living. Watch the waves crash from the primary bedroom suite! Offering includes the current structures, lot and approved plans to build a new home. The manager has listed the unit size as 1612 square feet.
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| Mar 2, 2023 | No longer available | - | |
| No longer available | |||
| Nov 23, 2022 | Price Decreased |
$3,195,000
↓ $155K
(4.6%) | |
| Price Decreased | |||
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About Solana Beach
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$9,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017