$1,385,000
●
Condo -
Off Market
1208 Hermes Ave
Encinitas, CA 92024
3 Beds
3 Baths
1,893 Ft²
$1,909,065
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model
About This Property
Live the Dream in Encinitas! This west of 5 home is a short walk
from Beacon's Beach and the PCH of Leucadia. Open floor plan 2 bed
2 bath home PLUS a complete attached studio with own entry, bath
and kitchen. Completely redesigned and remodeled from floor
to ceiling with unmatched style. Beautiful custom finishes of stone
and wood, custom cabinets, cedar closets, the list goes on. This is
a must see home! Lives like a detached home with the only shared
wall being the garage wall. Don't miss out! Have a client
with impeccable taste looking for a turnkey home that exudes the
beach lifestyle? Showing this home will check all their
boxes. Have client who needs a separate office space or
granny flat or rentable apartment? Done! This unique
home won't last on the market long. Walkable to beach with a
separate studio space for whatever one needs is a truly special
find. Let's get your client in soon.. Neighborhoods:
West of 5 Equipment: Dryer, Range/Oven, Shed(s), Washer Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,893 Ft²
Days on Market
50 days
Land Size
0.25 acres
Price per sqft
$705
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
1982
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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: 5 months ago (SDMLS #200003331)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2020 | Sold | ||
| Sold | |||
| Jan 21, 2020 | Listed by Living West Realty Inc | $1,335,000 | |
| Listed by Living West Realty Inc | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Garage, Garage Faces Side, DoorSingle
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 3
Interior Features: Walk-In Closet(s), Attic, MainLevelPrimary
Appliances: Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Disposal, Gas Oven, Gas Range, Indoor Grill, Ice Maker, Microwave, Refrigerator, Range Hood, Vented Exhaust Fan, Barbecue, CounterTop, GasCooking
Laundry Features: Gas Dryer Hookup, In Garage
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 1893
Year Built: 1982
Levels: One
Construction Materials: Stucco, Wood Siding
Pool Features: None
Lot Size Area: 10859
Lot Size Units: Square Feet
Lot Size Acres: 0.25
Lot Size Square Feet: 10859
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
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 |
|---|---|---|---|---|---|---|---|
|
01/21/2020
| |
3 Bed
|
3 Bath
|
1893 ft²
|
$1,335,000
3 Bed
3 Bath
1893 ft²
|
$1,385,000
+3.75%
03/11/2020
|
Guy Bahringer
Living West Realty Inc
|
|
05/06/2015
| |
3 Bed
|
3 Bath
|
1893 ft²
|
$890,000
3 Bed
3 Bath
1893 ft²
|
$851,000
-4.38%
08/03/2015
|
Cody Steele
Steele Realty
|
Building Info
About Encinitas
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Currently no similar homes aroundNearby Rentals
Listed by: Guy Bahringer, Living West Realty Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200003331
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200003331
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