1604 Olmeda St.
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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 30, 2025 | Sold | ||
| Sold | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| Jul 3, 2025 | Listed by Pemberley Realty Inc. | $1,595,000 | |
| Listed by Pemberley Realty Inc. | |||
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Welcome to a beautifully remodeled single-story home tucked away on a spacious corner lot in the heart of Encinitas. This residence offers modern coastal living with a seamless open-concept floor plan, soaring vaulted ceilings, and designer finishes throughout. The chef’s kitchen features a large island with quartz countertops, stainless steel appliances, and ample cabinetry—perfect for everyday living or entertaining. Relax in the stylish living room with a sleek fireplace and expansive windows that frame the lush, private backyard. Enjoy the outdoors year-round under the covered patio surrounded by mature landscaping, a custom mural, and tropical plantings. The fully fenced yard includes artificial turf, raised garden beds, a shed with roll-up door, and plenty of space to play, unwind, or entertain guests. Additional highlights include engineered wood floors, a spacious primary suite, upgraded bathrooms, and indoor laundry. Located just minutes from top-rated schools, downtown Encinitas, the beach, parks, and shopping. Don’t miss your chance to own this turn-key gem in one of North County’s most desirable communities!
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| Mar 1, 2016 | Sold | ||
| Sold | |||
| Jan 22, 2016 | Listed by C&C Capital Mortgage & Realty | $750,000 | |
| Listed by C&C Capital Mortgage & Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017