$2,775,000
●
House -
Off Market
1439 Neptune Ave
Encinitas, CA 92024
6 Beds
5 Baths,
1
Half Bath
3,400 Ft²
$4,543,923
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
One of a kind A-Frame home nestled on the best street in North
County San Diego! Enjoy wonderful ocean views from every level of
this home. Multiple living options are available for every family.
The main living home is located on the upper floors of this home
with plenty of room for all. A large one-bedroom guest home expands
the entire first floor of the main building. Use it as an in-law
suite or rent it out for additional income. Guest suite and studio
located in the back carriage building. One of a kind carriage
style house on the back of the property with a large guest suite
upstairs and studio living downstairs. One of the few lots on
Neptune to have both garage parking and room for an RV!!. The
subterranean garage was built to allow a low-profile vehicle to
enter without any issues. The east side of Neptune street is raised
up already and with this tall building your views will never lose
the ocean. Fall in love with the cabin like feel but with current
amenities and just a short walk to swimming in the ocean. Enjoy
funky Leucadia restaurants and shopping walking distance from the
home. This property really is a must see.. Neighborhoods:
Neptune Architectural Style: A-Frame/Dome/Log View:
A-Frame/Dome/Log Equipment: Dryer,Garage Door Opener,
Washer Other Fees: 0 Sewer: Sewer Connected Topography: GSL
Guest House Est. SQFT: 400
Unit Size
3,400 Ft²
Days on Market
60 days
Land Size
0.14 acres
Price per sqft
$911
Property Type
House
Property Taxes
-
HOA Dues
-
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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 #190033398)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 11, 2020 | In contract | - | |
| In contract | |||
| Jul 16, 2020 | Listed | $2,980,000 | |
| Listed | |||
| | |||
|
A truly unique opportunity to own your own multi-generational compound on one of the most coveted streets in North County. Crystal blue OCEAN VIEWS & breezes are enjoyed from every level. The main house offers 4BR/3.5BA, 2 kitchens & 2 large decks. The secondary 2-story structure offers 2 separate 1BR/1BA guest suites. 2-car garage and room for 7 cars to park on property. Easy beach access! Leucadia shops & restaurants only steps away. The manager has listed the unit size as 3642 square feet.
| |||
| Aug 16, 2019 | Sold | ||
| Sold | |||
| Jun 17, 2019 | Listed by Epic Real Estate and Mgmt, Inc | $3,099,000 | |
| Listed by Epic Real Estate and Mgmt, Inc | |||
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About Encinitas
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Listed by: Roy Wannamaker, Epic Real Estate and Mgmt, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190033398
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190033398
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