5663 Abalone Place
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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 22, 2026 | Price Decreased |
$5,495,000
↓ $200K
(3.5%) | |
| Price Decreased | |||
| Jan 31, 2026 | Price Decreased |
$5,695,000
↓ $290K
(4.9%) | |
| Price Decreased | |||
| Jan 28, 2026 | Listed by Compass | $5,985,000 | |
| Listed by Compass | |||
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Coastal Luxury at the Water’s Edge in Lower Bird Rock Perfectly positioned just steps from the ocean in one of La Jolla’s most coveted coastal enclaves, this beautifully redesigned residence captures the very essence of modern coastal living. With sweeping views, effortless indoor/outdoor flow, and a layout designed for both privacy and relaxation, this is Bird Rock living at its finest. This 3 bed / 4.5 bath home offers approximately 1,500 sq. ft. of outdoor deck space, including a panoramic rooftop deck where year-round sunsets, surf checks, and star-filled evenings become part of your daily rhythm. A view restriction on the neighboring parcel preserves your ocean views for years to come—an irreplaceable asset in this location. The entry level showcases an open-concept living room and custom kitchen with ocean breezes and curated finishes, leading seamlessly to front and rear outdoor spaces. Two generous guest suites are located just up a short flight of steps—ideal separation for privacy or hosting. The expansive primary retreat encompasses the entire top floor and lives like a private sanctuary, featuring a spacious sitting area, oversize view deck, spa-style bath, and a boutique-style closet. Two optional laundry locations and a 2-car garage with private rear yard add rare convenience for coastal living. Just moments to world-class surf breaks, ocean-view walking paths, Bird Rock Village shops, restaurants, award-winning schools, and morning coffee at the shoreline—this is the ultimate lock-and-leave coastal haven or full-time retreat. Experience life at the edge Coastal Luxury at the Water’s Edge in Lower Bird Rock Perfectly positioned just steps from the ocean in one of La Jolla’s most coveted coastal enclaves, this beautifully redesigned residence captures the very essence of modern coastal living. With sweeping views, effortless indoor/outdoor flow, and a layout designed for both privacy and relaxation, this is Bird Rock living at its finest. This 3 bed / 4.5 bath home offers approximately 1,500 sq. ft. of outdoor deck space, including a panoramic rooftop deck where year-round sunsets, surf checks, and star-filled evenings become part of your daily rhythm. A view restriction on the neighboring parcel preserves your ocean views for years to come—an irreplaceable asset in this location. The entry level showcases an open-concept living room and custom kitchen with ocean breezes and curated finishes, leading seamlessly to front and rear outdoor spaces. Two generous guest suites are located just up a short flight of steps—ideal separation for privacy or hosting. The expansive primary retreat encompasses the entire top floor and lives like a private sanctuary, featuring a spacious sitting area, oversize view deck, spa-style bath, and a boutique-style closet. Two optional laundry locations and a 2-car garage with private rear yard add rare convenience for coastal living. Just moments to world-class surf breaks, ocean-view walking paths, Bird Rock Village shops, restaurants, award-winning schools, and morning coffee at the shoreline—this is the ultimate lock-and-leave coastal haven or full-time retreat. Experience life at the edge!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017