778 Ramona Place
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 |
|---|---|---|---|
| Dec 17, 2021 | No longer available | - | |
| No longer available | |||
| Nov 20, 2021 | In contract | - | |
| In contract | |||
| Oct 28, 2021 | Listed by eXp Realty of California Inc | $3,000,000 | |
| Listed by eXp Realty of California Inc | |||
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This spectacular 4,600 square foot Del Mar home was designed by architect & landscape artist, Steve Adams. Renowned for designing iconic homes, he masterfully blurred “the line between outdoors and indoors, [using] nature as a design element.” With colorful plumeria, mature cactus, and specimen trees, soaring ceilings and oversized windows & doors bring the outside in. Iron, slate, concrete, and wood finishes provide organic texture and color throughout. The master bedroom features a walkout deck with a hot tub and incredible ocean and fairground views. Enjoy July 4th fireworks with your family while soaking in the tub. The side yard is a serene mini oasis with a lap pool, oversized exterior fireplace, and plenty of room to relax. The backyard includes a lush lawn perfect for croquet, badminton, and a garden. With grounds covering 1/2+ acre, there is room for toys, including an RV hook up, boat, and a sizable storage shed to serve as an office or "she" shed. The granny flat doubles as a rental unit. Completely surrounded by a 5’ fence and private gated entry, experience the indoor/outdoor lifestyle masterfully created by the architect to lose yourself in this magical setting. Minutes to the Flower Hill mall, Cedros shopping district, Dog Beach, and top-rated schools, this home is a hidden gem offering the ultimate privacy in the midst of a Del Mar lifestyle. The manager has listed the unit size as 4598 square feet.
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| Sep 6, 2016 | Sold | ||
| Sold | |||
| Jun 15, 2016 | Listed by The JR Phillips Group | $2,099,000 | |
| Listed by The JR Phillips Group | |||
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About Solana Beach
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$9,900 /mo
- 3 Beds
- 3 Baths
- 2,754 ft²
$3,255 /mo
- 1 Bed
- 1 Bath
- 900 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017