$1,240,000
●
House -
Off Market
1108 Balour Drive
Encinitas, CA 92024
3 Beds
1 Bath
1,234 Ft²
$1,450,854
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model
About This Property
Charming single story in Encinitas. Less than two miles from the
beach. This 3 bedroom property has been lovingly cared for by a
single owner since 1961. Freshly painted inside and out.
Exterior upgrades include new siding, concrete driveway,
private curbside parking, beautifully maintained landscaping, and
block retaining walls throughout. Also, it is fully fenced. Kitchen
cabinets have been freshly painted featuring upgraded handles.
Sunroom off the back includes a mid-century modern wood stove and
large windows. Attached 1 bed/1 bath ADU with its own private
entrance. Large 9100 square foot property with lots of room
for expanding. Award winning schools. Walking distance
to shops, restaurants, and fire station. Easy access to the
1-5 freeway. No HOA or Mello-Roos.
Unit Size
1,234 Ft²
Days on Market
54 days
Land Size
0.20 acres
Price per sqft
$1,005
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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: 13 months ago (SDMLS #NDP2103502)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 1, 2021 | Sold | ||
| Sold | |||
| Mar 21, 2021 | Listed by Coldwell Banker Realty | $1,240,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About Encinitas
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Listed by: Karen Pietsch, Coldwell Banker Realty
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2103502
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2103502
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