$2,100,000
●
House -
Off Market
1025 Arden Dr
Encinitas, CA 92024
4 Beds
3 Baths
1,824 Ft²
$3,346,759
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Enjoy Encinitas Beach Life in this Rare, Right Sized, Single Story,
Refined Oasis. Newly built - the Deft Architecture paired
with an incredible, verdant, ultra-private lot creates a lifestyle
that you will never want to leave! Supreme Encinitas Highlands
walkability to all the shops, eateries, beaches & surf spots of
Downtown Encinitas & Cardiff. This home & detached guest
quarters were curated with an impeccable level of finish & detail,
and will not leave you for want! This home truly embraces the
indoor / outdoor life. Multiple comfortable, private, outdoor
living spaces allow you to soak up true SoCal style living -
sporting custom awnings, with retractable shades, that afford you
comfortable entertaining anytime of the day or evening. Main home
is 3 bedroom 2 bathroom. Studio Accessory Dwelling Unit with
bathroom and Kitchenette. Tax records reflect original year built -
Full renovation of main home + accessory unit was completed in
2016.. Neighborhoods: Encinitas Highlands Other Fees: 0
Sewer: Sewer Connected Topography: GSL Guest House Est. SQFT:
378
Unit Size
1,824 Ft²
Days on Market
37 days
Land Size
0.19 acres
Price per sqft
$1,253
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941
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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 #190049001)
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Encinitas
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Listed by: Erik Gilmer, Swell Property
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190049001
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190049001
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