827 Del Mar Downs Road #C
About This Property
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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 |
|---|---|---|---|
| May 6, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | Listed by Real Broker | $1,375,000 | |
| Listed by Real Broker | |||
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Feb 9, 2022 | Listed by Berkshire Hathaway HomeService | $1,100,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| |||
|
Quietly situated, conveniently located and loaded with all the CHARM money could buy. Del Mar Downs where the "surf meets the turf", fabulous 3 bedroom/2bath townhome recently remodeled with luxury vinyl tile, new bathrooms, completely renovated island kitchen, California shutters, crown molding, built-ins throughout, private fenced backyard for al-fresco enjoyment. All of this W of the 5, oh wait, across from the Del Mar racetrack for your horse enthusiasts AND blocks from dog beach/ocean, minutes from the Cedros Shopping District and great local restaurants/coffee shops. This home checks all the boxes - Location, Condition and Price. Hurry!! This has been priced to sell in a "heartbeat"! Upgrade list below (also on attachment) since current owner took ownership 2019 Upgrades New HVAC (including Nest Thermostat and Smoke Detectors) New Water Heater New LVT Flooring Throughout New Kitchen Cabinets, Counter Tops, Appliances - Updated Plumbing to Appliances Sliding Glass Door in Kitchen (to Backyard) Master Closet Build 2020 Upgrades New Windows Throughout New Shutters Throughout Upper / Lower Bathroom Full Remodel Secondary Bedroom Closet Build Artificial Turf in Backyard Paint Throughout Crown Molding on Second Floor (Previous owner only did it on the first floor
| |||
| Jun 19, 2013 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/06/2025
|
3 Bed
|
2 Bath
|
1344 ft²
|
$1,298,000
3 Bed
2 Bath
1344 ft²
|
$1,140,000
-12.17%
07/18/2025
|
Nellie High-Iredale
Willis Allen Real Estate
| |
|
03/01/2024
|
3 Bed
|
2 Bath
|
1344 ft²
|
$1,375,000
3 Bed
2 Bath
1344 ft²
|
$1,365,000
-0.73%
05/06/2024
|
Julie Butler
Tahoe Mountain Realty
| |
|
02/09/2022
|
3 Bed
|
2 Bath
|
1344 ft²
|
$1,100,000
3 Bed
2 Bath
1344 ft²
|
$1,355,000
+23.18%
03/04/2022
|
Jeanne Gleeson
Berkshire Hathaway HomeServices California Properties
| |
|
09/24/2020
|
3 Bed
|
3 Bath
|
1365 ft²
|
$812,000
3 Bed
3 Bath
1365 ft²
|
-
-
|
-
| |
|
04/10/2018
|
3 Bed
|
2 Bath
|
1365 ft²
|
$775,000
3 Bed
2 Bath
1365 ft²
|
$770,000
-0.65%
06/14/2018
|
Nicole Young
SimpliHOM
| |
|
11/19/2014
|
3 Bed
|
2 Bath
|
1344 ft²
|
$659,000
3 Bed
2 Bath
1344 ft²
|
$645,000
-2.12%
12/29/2014
|
Bob Chase
First Team Real Estate
| |
|
02/27/2013
|
3 Bed
|
2 Bath
|
1344 ft²
|
$499,000
3 Bed
2 Bath
1344 ft²
|
$505,000
+1.20%
06/19/2013
|
William Browne
ZipRealty, Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017