1
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551 Lomas Santa Fe 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 |
|---|---|---|---|
| Jan 13, 2020 | No longer available | - | |
| No longer available | |||
| Jan 2, 2020 | Listed | $1,995,000 | |
| Listed | |||
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A tropical paradise in the heart of Solana Beach, this chic coastal retreat is rich with lush landscaping and all the trimmings of a five-star resort. Nestled on more than half an acre, the gated property offers abundant privacy while retaining easy access to the area’s brand new schools and the best of Northern San Diego. Walk to Cedros Design District, take a dip at Fletcher Cove Beach or catch a train at the nearby station. This well-lit home boasts an open floor plan, spacious media room & bonus ofc. The manager has listed the unit size as 2516 square feet.
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| Nov 18, 2018 | No longer available | - | |
| No longer available | |||
| Oct 31, 2018 | Relisted | $2,195,000 | |
| Relisted | |||
| Oct 29, 2018 | No longer available | - | |
| No longer available | |||
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About Solana Beach
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$9,900 /mo
- 3 Beds
- 3 Baths
- 2,754 ft²
$2,741 /mo
- Studio
- 1 Bath
- 690 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017