$2,442,500
●
House -
Off Market
1101 Cornish Drive
Encinitas, CA 92024
3 Beds
4 Baths
2,385 Ft²
$4,008,801
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model
About This Property
Your buyers will absolutely love this Encinitas Highlands ocean
view beach house! Walk to Swamis, Lumberyard, restaurants, and all
Encinitas hot spots. Award winning landscape as seen in SD Home &
Garden and Sunset mags. Fully fenced w/auto gate. 3 car garage (one
is gym). Super special back yard with in ground spa and outdoor
shower. Beautiful MBR with huge closet, fireplace, and ocean view
deck. Two additional en suite bedrooms. Surf's up! Neighborhoods:
Encinitas Highlands Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
2,385 Ft²
Days on Market
39 days
Land Size
0.19 acres
Price per sqft
$1,047
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970
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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 #170021454)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 21, 2019 | Sold | ||
| Sold | |||
| Nov 19, 2018 | Listed by Berkshire Hathaway HomeService | $2,549,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Your buyer will absolutely love this downtown Encinitas, renovated home. Close to Swami's, Lumberyard and restaurants. Award winning landscape featured in San Diego Home and Garden and Sunset magazines. Super special back yard with in ground spa and outdoor shower. The back yard is quiet and serene...truly a "Secret Garden" feel. The ocean view front yard is gated with an alfresco deck for evening outdoor dinners. The home is completely renovated with ensuite baths for all bedrooms. The master bedroom has a 14x11 walk-in closet, fireplace, a 10x8 sitting area for relaxing as you view the ocean and a large 33' deck walkout from the bedroom. A soaking tub and separate shower complete the master bedroom suite. The garage could be turned into a home office with another 2 car spaces for garage parking. The kitchen is ultra modern with hard surface counter-tops and an attached breakfast area. There is an upstairs office, 10x10, for those who work from home. Nothing like it in all of downtown Encinitas!. Neighborhoods: Encinitas Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
| |||
| Jun 5, 2017 | Sold | ||
| Sold | |||
| Apr 27, 2017 | Listed by Ascent Real Estate, Inc | $2,497,000 | |
| Listed by Ascent Real Estate, Inc | |||
| Nov 1, 2012 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Encinitas
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Listed by: Dean Dugger, Ascent Real Estate, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170021454
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170021454
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