7226 Romero Drive
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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.
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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 |
|---|---|---|---|
| Jun 18, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Willis Allen Real Estate | $6,995,000 | |
| Listed by Willis Allen Real Estate | |||
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An exemplary model of mid-century modern architecture designed by Master Architect Frederick Leibhardt, this home feels natural and timeless. It has been recently updated by Trace Wilson, Architect to elevate livability and preserve architectural integrity. Through the floor-to-ceiling windows, the home captures sweeping ocean, golf course and Village views blending the indoor and outdoor environments. Organic materials such as redwood, slate and mahogany create a refined and tranquil atmosphere. The entry level features an integrated open-concept kitchen, dining and living area that flows seamlessly to a panoramic view deck. A spacious primary suite offering privacy as well as stunning ocean views is also on the main level. Downstairs, a spacious family/game room opens to an outdoor jacuzzi overlooking the ocean. The 3 generous bedroom suites also enjoy serene treetop and ocean views. Just minutes to the Village, this property effortlessly blends design, comfort and location in one of La Jolla’s most iconic settings.
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| Oct 29, 2013 | Sold | ||
| Sold | |||
| May 20, 2013 | Listed by Berkshire Hathaway HomeService | $2,895,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017