1521 Flair Encinitas Dr
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Listed by Compass | $1,100,000 | |
| Listed by Compass | |||
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1521 Flair Encinitas Drive is nestled in the vibrant community of Encinitas located near ample shops and dinning, while only 4 miles from the beach! Step inside the thoughtfully designed home, featuring 3 bedrooms and 3 bathrooms laid out across 1,567 square feet, featuring beautiful hardwood floors. The open floor plan creates a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests or enjoying a quiet evening. Situated within a gated community, this property offers added security and peace of mine. Residents can take advantage of the community’s luxurious amenities, such as a sparkling pool, relaxing spa, and well-maintained tennis court. This community is perfect for enjoying the sunshine! Experience the best of Encinitas living with all the comfort and amenities you desire!
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| Aug 21, 2014 | Sold | ||
| Sold | |||
| Jul 7, 2014 | Listed by Berkshire Hathaway HomeService | $699,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017