$2,725,000
●
House -
Off Market
624 1st Street
Coronado, CA 92118
4 Beds
3 Baths,
1
Half Bath
2,250 Ft²
$5,016,603
RealtyHop Estimate
67.89%
Since Dec 1, 2017
CA-San Diego
Primary Model
About This Property
The quintessential Coronado Beach Bungalow! Built in 1907
restored to perfection, this 3+BR/2.5BA craftsman cottage sits on a
spacious 8750 SF corner lot w/ one of the most beautiful park like
back yards on the Island. Bright and open throughout from the front
to the back porches that are right out of "Mayberry"! A
separate 1BR/1BA bungalow w/ loft and bunks for the kids.
Recommended by HRC for the Mills Act tax reduction, there is plenty
of space to expand. Views of the Bay and SD skyline!
Neighborhoods: Coronado Village Architectural Style:
Craftsman/Bungalow View: Craftsman/Bungalow Equipment:
Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
2,250 Ft²
Days on Market
413 days
Land Size
-
Price per sqft
$1,328
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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 #160053652)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2017 | Sold | ||
| Sold | |||
| Sep 30, 2016 | Listed by Pacific Sotheby's Int'l Realty | $2,988,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Coronado
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Listed by: Scott Aurich, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160053652
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160053652
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