$1,532,000
●
House -
Off Market
1339 Rainbow Ridge Lane.
Encinitas, CA 92024
4 Beds
3 Baths,
1
Half Bath
3,013 Ft²
$2,557,017
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Newer Construction. Custom Ocean view contemporary home in a
private well established neighborhood of Leucadia. This 3013sf home
features 4bd, 3.5 baths, and 400sf view deck complete with
fireplace, 2 additional decks, and a large courtyard. This home was
designed with outdoor living at its best! Large 18,000sf lot at the
end of a cul-de-sac and access to a private gate/easement. No HOA
or Mello-roos. Neighborhoods: Leucadia Equipment: Fire
Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
3,013 Ft²
Days on Market
70 days
Land Size
-
Price per sqft
$561
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015
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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: 4 months ago (SDMLS #180023583)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2018 | Sold | ||
| Sold | |||
| May 4, 2018 | Listed by Morgan Brown Real Estate, Inc | $1,690,000 | |
| Listed by Morgan Brown Real Estate, Inc | |||
| Oct 7, 2015 | Sold | ||
| Sold | |||
| Aug 10, 2015 | Listed by Bell & Associates Realty Group | $1,489,000 | |
| Listed by Bell & Associates Realty Group | |||
 | |||
|
New Construction. Custom ocean view contemporary home in a private well established neighborhood of Leucadia. This 3013sf home features 4bd, 3.5 baths, and 400sf view deck complete with fireplace, 2 additional decks, and a large courtyard. This home was designed with outdoor living at its best! Large 18,000sf lot at the end of a cul-de-sac and access to a private gate/easement. No HOA or Mello-roos. Neighborhoods: Leucadia Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
| |||
| Feb 14, 2013 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Encinitas
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Listed by: Morgan Brown, Morgan Brown Real Estate, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180023583
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180023583
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