5787 Bellevue Ave
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%.
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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.
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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Oct 6, 2025 | Price Decreased |
$4,495,000
↓ $130K
(2.8%) | |
| Price Decreased | |||
| Aug 21, 2025 | Listed by Compass | $4,625,000 | |
| Listed by Compass | |||
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Ocean views and sun-filled La Jolla Contemporary home is perfectly located just three blocks from the vibrant shops and restaurants of Bird Rock, yet nestled on a quiet neighborhood street. With voluminous spaces, an inviting feel, and an artful blend of beach vibes and designer touches, the home offers all ensuite bedrooms and the best of SoCal living. New updates include 2 renovated baths, recessed lighting, and new paint throughout. Highlights of the primary suite include gorgeous ocean views, a private balcony, a new fireplace surround, and three closets. The eat-in gourmet kitchen opens to a private back patio for dining, entertaining, and a hot tub for relaxation. The upper level features a newer built 200 sq ft bonus room with glass doors opening to an expansive ocean view rooftop terrace that offers more space for outdoor entertainment or relaxation. An elevator takes you to multiple levels. With easy access to the beach and the popular main district of Bird Rock, and great interior and exterior appointments, this contemporary is a can’t miss!
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| Apr 11, 2025 | Listed | $4,995,000 | |
| Listed | |||
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Upper Hermosa contemporary offers stunning ocean views from nearly every room, abundant natural light, and spacious, inviting areas. This home seamlessly combines beach vibes with designer elements, including an elevator for convenience. The gourmet eat-in kitchen opens to a back patio featuring a hot tub, while the upper level boasts a 200 sq. ft. bonus room that leads to an oversized rooftop deck with sweeping ocean-views, ideal for entertaining. Each bedroom is equipped with an ensuite bathroom, and the primary suite features a private balcony with coastal views, a newly updated fireplace surround, and three closets. Additionally, the second floor features a secluded home office with balcony access, providing a private retreat for work or relaxation. Recent updates include two renovated bathrooms, recessed lighting, and fresh paint throughout. Situated in a premier neighborhood within walking distance to Bird Rock, this home embodies the essence of coastal living, with easy access to the beach, vibrant shops, and trendy restaurants.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017