$1,018,800
●
House -
Off Market
1280 Orpheus Ave
Encinitas, CA 92024
4 Beds
3 Baths
1,875 Ft²
$1,681,877
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model
About This Property
Beautifully remodeled Single-story beach house west of I-5 in
Leucadia! This Ranch-style 4-bedroom, 3-bathroom stunner is just
blocks to Beacons, shops and restaurants on the 101 & in a great
school district. Professionally designed gourmet kitchen with
large breakfast bar, custom maple cabinets, quartz countertops, and
commercial grade KitchenAid appliances. Wire brushed hickory
hardwood flooring throughout! New spacious master suite
addition with views, luxurious spa-like bath (see supplement)
Neighborhoods: Leucadia Other Fees: 0 Sewer: Septic Installed
Topography: GSL
Unit Size
1,875 Ft²
Days on Market
50 days
Land Size
0.22 acres
Price per sqft
$573
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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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 #180000352)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2018 | Sold | ||
| Sold | |||
| Jan 2, 2018 | Listed by Pacific Sotheby's Int'l Realty | $1,075,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Dec 29, 2016 | Sold | ||
| Sold | |||
| Sep 30, 2016 | Listed by Point Home Realty | $739,999 | |
| Listed by Point Home Realty | |||
| | |||
|
Priced Reduced! Coastal Home west of the I-5, location, location! A great Investment opportunity in Encinitas. Live in the desirable beach community of Leucadia! The Home is conveniently located near shopping and freeway access. This single story ranch style home features 3 bedroom and 2 full-baths. It sits on a 9558 sqft lot. The roof is newer and the house is very quiet inside with new windows! Two car attached garage. Bring your ideas or your architect to turn this home into your dream home. Neighborhoods: Leucadia Equipment: Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: GSL
| |||
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: Neda Nourani, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180000352
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180000352
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