1331 Berryman Canyon Road
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2026 | Price Decreased |
$3,995,000
↓ $500K
(11.1%) | |
| Price Decreased | |||
| Sep 28, 2026 | Listed by Compass | $4,495,000 | |
| Listed by Compass | |||
| Jun 23, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | Listed by Luxury Coast Grp Barry Estates | $1,495,000 | |
| Listed by Luxury Coast Grp Barry Estates | |||
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Southwest Encinitas lot fully graded and permit ready! This 1.30 acre lot is secluded above a canyon and ideally positioned to take advantage of panoramic views of dramatic vistas of rugged canyons and rolling hills. The location is perfect, just minutes from the I-5 freeway, shopping, cafes and restaurants, surfing, biking and miles of hiking trails, making this lot a superior place to call home. This fully improved lot is permit ready as MDD Homes has pre-designed (fully approved) a beautiful 5400 sq. ft. classic showpiece that allows for multi-generational living at its best with the first floor living (3146 sq. ft.) having 3 bedrooms, 2.5 bathrooms, gourmet kitchen, café dining, family room, large walk in pantry and 2 car garage. As a bonus the permitted upper level (1824 sq. ft.) is a dream come true as you can decide too add more bedrooms and bathrooms, keep as a recreational area or within your own desired timeline build out a 1200 sq. ft. A.D.U. which is the allowed sq. footage for an A.D.U. in City of Encinitas. Top schools, Encinitas Union Elementary and San Dieguito Union High, just down the street from Encinitas Country Day and The Grauer school a private and preparatory school.
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About Encinitas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017