$1,775,000
●
House -
Off Market
605 Nob
Del Mar, CA 92014
3 Beds
2 Baths
2,001 Ft²
$3,123,245
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
First time on market!! City of Del Mar address but zoned City of
San Diego, thus 56% FAR. Gorgeous ocean views from this tranquil
corner lot with a delightful single level home. Property offers
incredible privacy & is located just a short stroll to the beach &
village. Home has been lovingly maintained by its original owner &
features an original Hubbell water fountain at the pool. Other
upgrades include new Culligan water & rain gathering systems.
Gorgeous landscaping surrounds the entire property. Neighborhoods:
Del Mar Equipment: Dryer,Garage Door Opener, Range/Oven,
Washer Other Fees: 0 Sewer: Sewer Connected Topography: GSL
Unit Size
2,001 Ft²
Days on Market
41 days
Land Size
0.19 acres
Price per sqft
$925
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (SDMLS #160047415)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 30, 2020 | In contract | - | |
| In contract | |||
| Jul 4, 2020 | Price Decreased |
$2,690,000
↓ $260K
(8.8%) | |
| Price Decreased | |||
| Jan 10, 2020 | Listed | $2,950,000 | |
| Listed | |||
| | |||
|
Approved Bokal & Sneed Plans and Coastal Development Permit! The property is located both in the City of Del Mar and the City of San Diego. San Diego is the permitting entity – Thus, much more favorable standards! Excellent ocean views from the LR, DR & Kitchen on main level and Master, Master Bath & Office on the upper level. Plus 2 - 2 car garages and Guest Suite. All the lots west are under City of Del Mar control so views protected. Two options 6.700 SF w/basement or 4,533 SF without. Call for details The manager has listed the unit size as 6700 square feet.
| |||
| Jan 3, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Northern San Diego
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Listed by: Csilla Crouch, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160047415
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160047415
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