6411 Avenida Manana
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 |
|---|---|---|---|
| Jul 7, 2020 | Listed by Randolph Martin | $4,253,750 | |
| Listed by Randolph Martin | |||
| Aug 16, 2018 | Sold | ||
| Sold | |||
| Jun 16, 2018 | Listed by Pacific Sotheby's Int'l Realty | $2,150,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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This Spectacular 1/2 acre "Soon To Be Estate" is prominently situated at the end of the quiet & private cul-de-sac and enjoys amazing sit-down North Shore, Ocean & Village Views. Remodel & Expand the existing 3,500sf home into the magnificent estate befitting of its location. Or realize your development dreams & utilize the lot’s immense size & amazing 180+ feet of street frontage to build your Ultimate Estate - Just awaiting your Dreams! Simply one of the most ideal locations in La Jolla. Kids have the ability to walk to both Muirlands & La Jolla High (so you can avoid the school traffic). A mile and a half or less to Vons, "The Lot", The Local Farmers Market, Windansea Beach, etc. etc. - Basically walking distance to almost everything that makes La Jolla such a jewel yet less than 10 minutes drive to both the 5 & 52 freeway. This has made Muirlands Village one of the most desired neighborhoods to call home. Huge potential while being located across the street from 3 homes worth arguably $3M to $6M... Commensurate upside will allow you to comfortably create the home of your Dreams. Architectural/Design questions should be directed to Architect Claude Anthony Marengo. One of La Jolla's finest Architects... Claude has been to the property on numerous occasions and knows it well (619) 417-1111. Neighborhoods: Muirlands Village Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017