1587 Gascony Road
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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 18, 2025 | Listed by Swell Property | $3,199,000 | |
| Listed by Swell Property | |||
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Rare, Turn Key Single Story Oasis perched on one of the few prestigious hill top streets in Encinitas. Homes on these older Gascony lots very rarely become available! Designed by the Award winning Brown Studio - this beautiful, high-end, newly remodeled Napa Modern single story home spills out onto multiple Sun light courtyards making indoor / outdoor living magical! The detached Flex space makes an incredible Office, Yoga studio, Kids play room, or turn it into guest quarters. True Panoramic views, if you decide to add a second story, as well!
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| Sep 26, 2023 | Sold | ||
| Sold | |||
| Jul 9, 2023 | Listed by Coldwell Banker Realty | $1,950,000 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017