709 Santa Florencia
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 19, 2020 | In contract | - | |
| In contract | |||
| Jul 7, 2020 | Listed | $1,248,300 | |
| Listed | |||
| | |||
|
Gorgeous single-story home in Solana Beach! ***Entertain friends and family year-round in the resort-style pool and jacuzzi, built-in firepit, and large grassy area for play. ***Bright and open living area with vaulted ceilings, fireplace, rustic accents, and wide planked, white-washed hardwood and slate tile flooring. ***Modern kitchen with tons of gorgeous wood cabinets, stainless steel appliances including an induction range, large breakfast bar. ***Solar panels & solar heated pool...(See Supplement) The manager has listed the unit size as 1876 square feet.
| |||
| Dec 22, 2016 | Sold | ||
| Sold | |||
| Oct 27, 2016 | Listed by Advantage Team Real Estate | $975,000 | |
| Listed by Advantage Team Real Estate | |||
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About Solana Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017