$3,400,000
●
House -
Off Market
1102 Neptune
Encinitas, CA 92024
2 Beds
2 Baths
1,600 Ft²
$6,570,916
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model
About This Property
Begin with the stairs to the beach for a day of Pacific Ocean
experiences and end on the huge brick patio overlooking the surf
and sunsets for the beginning of your lifetime of sun kissed
memories. This 2 bedroom 2 bath beach cottage was last designed by
the architect Steve Adams and features lift and slide doors to the
oceanfront deck to give total inside-out living, a Jacuzzi off the
master, an oceanfront patio with a firepit and enclosed glass
fireplace area, and an additional deck with a zen garden...
Neighborhoods: Neptune Architectural Style:
Craftsman/Bungalow View: Craftsman/Bungalow Equipment:
Dryer,Garage Door Opener,Pool/Spa/Equipment, Range/Oven,
Shed(s), Washer Other Fees: 0 Sewer: Sewer Connected
Unit Size
1,600 Ft²
Days on Market
35 days
Land Size
0.14 acres
Price per sqft
$2,247
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #150008592)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2015 | Sold | ||
| Sold | |||
| Feb 16, 2015 | Listed by Coldwell Banker Res Brokerage | $3,595,000 | |
| 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
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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
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HOA + Taxes
About Encinitas
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Listed by: Doug Harwood, Coldwell Banker Res Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150008592
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150008592
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