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531 La Honda Drive
About This Property
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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 |
|---|---|---|---|
| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 16, 2020 | Listed | $1,050,000 | |
| Listed | |||
| | |||
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Beautiful Ocean view Beach House in Rio Del Mar. Quiet Cul de sac neighborhood. One mile to Beach. Outstanding SW Sun exposure. Light & Bright all day. Enjoy the gorgeous Sunsets. Fantastic Floor Plan. Approximately 2,077 SQ FT. of Living area, including separate Casita. Large Lot of approx. 9,496 SQ FT. Vaulted ceilings in Living area, Ocean views. Wainscoting, Engineered Wood floors, Skylights, French Doors,Custom lighting, entertaining outside deck with Views, level backyard area, organized storage in Basement. Adult producing Avocado Tree, Apple Trees, Pear Tree Walking distance to Beer Can Beach, Seascape Golf Course, Deer Park Market Place Great Schools Rio Del Mar Elementary, Aptos High School The manager has listed the unit size as 2077 square feet.
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| Jul 3, 2018 | Sold | ||
| Sold | |||
| Apr 29, 2018 | Listed by RE/MAX Bayview | $999,000 | |
| Listed by RE/MAX Bayview | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017