$3,100,000
●
House -
Off Market
8588 Prestwick Drive
La Jolla, CA 92037
5 Beds
2 Baths,
1
Half Bath
2,843 Ft²
$6,690,786
RealtyHop Estimate
102.75%
Since Nov 1, 2014
CA-San Diego
Primary Model
About This Property
High on the hill overlooking La Jolla Shores you can hear the
waves, see the surfers and feel the ocean breezes. The view
has beautiful composition and cannot be obstructed. Built in
1971, it is in close proximity to UCSD and has 5bd/2.5ba.
Improvements include a remodeled kitchen, dual pane windows,
new garage doors and a roof with tiles imported from Japan.
It's obvious that this single level home was built with
insight and vision. The property must be visited to truly
appreciate it's qualities! Neighborhoods: The Shores Equipment:
Dryer,Garage Door Opener,Pool/Spa/Equipment, Range/Oven,
Washer Other Fees: 0 Sewer: Sewer Connected
Unit Size
2,843 Ft²
Days on Market
77 days
Land Size
0.30 acres
Price per sqft
$1,161
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (SDMLS #140047543)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Feb 1, 2020 | Listed by Berkshire Hathaway HomeService | $3,988,888 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Ocean views in La Jolla Shores, Single story home recently renovated, it boasts endless views over La Jolla and the sparkling blue Pacific Ocean, located in north La Jolla with great access to shopping, just a short drive from one of La Jolla's most popular beaches and other must-see attractions. Feel the cool sea breeze from your spacious backyard, relax in your private pool, or enjoy the views from the spacious living areas and bedrooms. With breathtaking views, enjoy the endless sunsets.. Neighborhoods: The Shores Equipment: Dryer,Pool/Spa/Equipment, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Oct 27, 2014 | Sold | ||
| Sold | |||
| Aug 11, 2014 | Listed by Coldwell Banker Res. Brokerage | $3,300,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northern San Diego
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Listed by: Barbara Leinenweber, Coldwell Banker Res. Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140047543
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140047543
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