554 7Th St
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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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 26, 2025 | Listed by Compass | $1,050,000 | |
| Listed by Compass | |||
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The beach house you’ve been waiting for has arrived, paid off solar, paid off Tesla powerwalls, beautiful, and full of potential! Welcome to this spacious 5-bedroom, 3-bath home nestled in one of Southern California’s last affordable beach communities. Less than a mile from Imperial Beach and Coronado Beach, this home offers the perfect blend of coastal charm and investment opportunity. Sitting on a oversized lot, there’s ample space to build an ADU in the backyard and a junior ADU above the garage, allowing an incredible opportunity for multigenerational living or rental income. Enjoy the refreshing ocean breeze or cool down with the central A/C system. Whether you’re looking for a primary residence, long-term rental, or short-term vacation rental, this property checks all the boxes!
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| Feb 1, 2025 | Listed | $1,050,000 | |
| Listed | |||
| | |||
|
The beach house you’ve been waiting for has arrived, paid off solar, paid off Tesla powerwalls, beautiful, and full of potential! Welcome to this spacious 5-bedroom, 3-bath home nestled in one of Southern California’s last affordable beach communities. Less than a mile from Imperial Beach and Coronado Beach, this home offers the perfect blend of coastal charm and investment opportunity. Sitting on a oversized lot, there’s ample space to build an ADU in the backyard and a junior ADU above the garage, allowing an incredible opportunity for multigenerational living or rental income. Enjoy the refreshing ocean breeze or cool down with the central A/C system. Whether you’re looking for a primary residence, long-term rental, or short-term vacation rental, this property checks all the boxes!
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| Dec 13, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017