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1569 Glencrest Dr.
About This Property
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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 |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
| Jun 15, 2025 | Price Decreased |
$1,850,000
↓ $100K
(5.1%) | |
| Price Decreased | |||
| May 27, 2025 | Listed by Compass | $1,950,000 | |
| Listed by Compass | |||
| | |||
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Views! Pool and spa! Solar! Tucked away in the gated community of Promontory Ridge in San Elijo Hills, this charming residence offers a blend of traditional American elegance and the luxurious essence of Southern California living. The enchanting curb appeal introduces you into a grand home tailored for entertaining and savoring everyday moments. Inside a spiral staircase serves as a centerpiece to the flowing open concept interior that offers a formal family room and dining room, chef's kitchen overlooking the spacious living room and view-facing backyard, plus an entry level bedroom with a full bathroom and easy access to 3 car tandem garage. The second floor boasts 3 secondary bedrooms (one with it's own private bathroom and the others with a shared bathroom) and an expansive primary suite that offers a serene retreat, complete with a spa-like bathroom, walk-in closet and a private balcony that showcases stunning views of the mountains, ocean, lush trees and vivid sunsets. The backyard is highlighted with a sparkling pool and spa overlooking picturesque views, built-in BBQ and bar seating, and offers abundant space for both relaxation and entertaining guests. Conveniently close distance to the great community amenities and zoned for San Elijo Elementary, San Elijo Middle, and San Marcos High School.
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| Apr 22, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017