1465 Neptune Avenue
About This Property
Listed By
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$2,675,000
↓ $500K
(15.8%) | |
| Price Decreased | |||
| Aug 19, 2026 | Price Decreased |
$3,175,000
↓ $320K
(9.2%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by Coastal Premier Properties | $3,495,000 | |
| Listed by Coastal Premier Properties | |||
| Jun 22, 2025 | Price Decreased |
$3,750,000
↓ $745K
(16.6%) | |
| Price Decreased | |||
| Feb 18, 2025 | Listed | $4,495,000 | |
| Listed | |||
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Build your dream home across the street from the Pacific Ocean at 1465 Neptune Avenue. Only a few blocks from Grandview beach access on Encinitas' most coveted street, your new estate would feature a 4,500 square foot contemporary home on an almost 1/4 acre parcel with a pool and yard. Most of the permit process is completed and there are only minor things left to do before starting construction. Take advantage of not having to wait approximately 2 years and save thousands of dollars not to mention the heartache of navigating the City of Encinitas and California Coastal Commission processes. This property allows for maximum privacy while offering easy access to many local amenities. The included plans have been expertly prepared by Beery Design Group and showcase a relatively large home to live the Encinitas indoor outdoor lifestyle. The architectural renderings are for illustrative purposes only with the finishes shown not required. While the owner has gone through the majority of the permitting process, any potential buyer should verify all information with the appropriate regulatory agencies. Please respect the residents and don't walk on the property from the street.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017