Listed by: Maxine Gellens, Berkshire Hathaway HomeServices California Properties
$1,355,500
●
Condo -
Off Market
1032 Cottage Way
Encinitas, CA 92024
3 Beds
3 Baths,
1
Half Bath
1,543 Ft²
$6,421
Est. Monthly
$185
HOA / Fees
5.40%
Cap Rate
About This Property
Tucked within the sought-after Cambria community of Encinitas, this
spacious, detached home awaits its new owner! Set back from the
street with no neighbors behind, you'll enjoy privacy, ample
off-street parking in the long driveway, and tranquil views of the
surrounding mountains and hills. As you enter, a soaring ceiling
and abundant natural light greet you, creating an ambiance of
comfortable elegance throughout the generous living areas. The
eat-in kitchen, open to the family room, features a fireplace and
sliding glass door that leads to a serene garden patio-perfect for
relaxing or dining al fresco. Upstairs, you'll find all three
bedrooms, including the private primary suite complete with a
modern, updated bath and walk-in closet. Ideally located just a
stone's throw from Encinitas Ranch Town Center and Leo Mullen
Sports Park, while affording an amazing proximity to highly rated
schools, beaches, and a wide array of additional shopping and
dining options.
Unit Size
1,543 Ft²
Days on Market
26 days
Land Size
-
Price per sqft
$823
Property Type
Condo
Property Taxes
-
HOA Dues
$185
Year Built
2000
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Cap Rate Calculator
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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: 3 years ago (CRMLS #240017419SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $1,270,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Driveway
Garage Spaces: 2
Open Parking Spaces: 4
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 6
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Levels: Two
Interior Features: Ceiling Fans, All Bedrooms Up, Walk In Closets
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Tile, Wood
Living Area Square Feet Source: Assessor
Laundry Features: Electric Dryer Hookup, In Garage
Has Fireplace
Family Room
Exterior Details
Year Built: 2000
Parcel Number: 2575012701
Home Type: Residential
Construction Materials: Stucco
Outdoor Living Structures: Concrete
Pool Features: None
Lot Size Source: Assessor
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Location Details
Association Fee: $185
Association Fee Frequency: Monthly
Subdivision: Encinitas
Subdivision Name: Encinitas
Directions: Cross Street: Garden View Rd.
Other Details
Listing Terms: Cash, Conventional, VALoan
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/26/2024
| |
3 Bed
|
3 Bath
|
1543 ft²
|
$1,270,000
3 Bed
3 Bath
1543 ft²
|
$1,355,500
+6.73%
08/21/2024
|
Maxine Gellens
Berkshire Hathaway HomeServices California Properties
|
Building Info
About Encinitas
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Listed by: Maxine Gellens, Berkshire Hathaway HomeServices California Properties
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240017419SD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240017419SD
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