724 Valley Ave
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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%.
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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.
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 |
|---|---|---|---|
| Sep 6, 2019 | Sold | ||
| Sold | |||
| Aug 1, 2019 | Listed by Compass | $1,050,000 | |
| Listed by Compass | |||
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Open the door to your coastal inspired home. Zoned MR'd (medium residential); your next home is perfectly positioned on the land with room to build a second place or park RV. NO HOA, NO mello-roos. Remodeled inside/out. Vaulted ceilings- give an airy light feel. Granite & stainless steel in kitchen. Entertain your guests either on front or back patios. Nestled west of the I-5; minutes away from it all...beaches, trails, Cedros Ave, art galleries, local eateries, parks, live music. Start living the dream! *New flooring *Kitchen remodel, cabinets and granite counter tops *Freshly painted inside & out *Low maintenance landscaping and retaining wall completed spring 2019 *New fence *Approved architectural plans include garage, master bedroom and master bath (plans available to view). Dining room is bright and full of natural light; use it as an art studio, yoga room, sun room, an office or any perfectly serene place you can imagine. Welcome to Solana Beach living!. Neighborhoods: Eden Gardens Equipment: Dryer Other Fees: 0 Sewer: Public Sewer Topography: GSL
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| Apr 24, 2017 | Sold | ||
| Sold | |||
| Mar 8, 2017 | Listed by Pacific Sotheby's Int'l Realty | $799,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Charming beach cottage west of I-5 & less than a mile to Del Mar Track.Room to grow on this R-2 zoned lot. Build a helper unit & garage or in-law suite. Cul-de-sac driveway at back of property. New electrical panel wired for 3 structures! New plumbing, light fixtures,windows, stucco, & doors. You'll love the upgraded trendy tiled bathroom. Open kitchen with pantry & high end appliances. Front yard is great for relaxing. Top rated schools. Lovely park across the street. Neighborhoods: Eden Gardens Architectural Style: Craftsman/Bungalow View: Craftsman/Bungalow Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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| Feb 5, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017