$1,010,000
●
House -
Off Market
1621 Olmeda St
Encinitas, CA 92024
5 Beds
2 Baths,
1
Half Bath
2,175 Ft²
$1,196,668
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Live Auction! Bidding to start from $800,000! Fully remodeled 4 bed
plus an office home in desirable Encinitas Estates. Natural
light engulfs this open floor plan. Kitchen offers new
cabinets, new quartz countertops and new appliances. All
bathrooms include new cabinets, fixtures and quartz counter tops.
New dual pane windows, new roof, new flooring, fresh paint
inside and out. Master bedroom includes 2 walk-in closets and
a modern master suite. Must see home, will not disappoint!
Neighborhoods: Encinitas Equipment: Garage Door Opener Other Fees:
0 Sewer: Sewer Connected Topography: LL
Unit Size
2,175 Ft²
Days on Market
91 days
Land Size
0.17 acres
Price per sqft
$368
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (SDMLS #180065963)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 4, 2019 | Sold | ||
| Sold | |||
| Dec 4, 2018 | No longer available | - | |
| No longer available | |||
| Dec 3, 2018 | Listed by Harcourts Prime Properties | $800,000 | |
| Listed by Harcourts Prime Properties | |||
| Nov 16, 2018 | Price Decreased |
$1,119,000
↓ $10K
(0.9%) | |
| Price Decreased | |||
| Oct 28, 2018 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Encinitas
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Listed by: Ed Johnson, Harcourts Prime Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180065963
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180065963
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