$767,000
●
House -
Off Market
1625 Eolus Avenue
Encinitas, CA 92024
3 Beds
1 Bath,
1
Half Bath
1,306 Ft²
$1,568,168
RealtyHop Estimate
96.27%
Since Jul 1, 2013
National-US
Primary Model
About This Property
Charming Leucadia beach cottage with loads of potential. Private
and well situated away from the freeway with an amazing view of the
lagoon. This 2 bedroom 1.5 bath home has 2 bonus rooms, hardwood &
tile flooring throughout, newer roof, scraped ceilings, newer
interior doors, dual pane windows on east side, glass and brick
wall, newer fencing, chicken coop, brick paver walk way, front and
back wood decks. Close to beaches, restaurants, shopping, and
freeway. Neighborhoods: Leucadia West of 5 Equipment:
Range/Oven Other Fees: 0 Sewer: Septic Installed
Topography: LL,SSLP
Unit Size
1,306 Ft²
Days on Market
31 days
Land Size
0.34 acres
Price per sqft
$612
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-
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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 #130025951)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2024 | No longer available | - | |
| No longer available | |||
| Nov 21, 2023 | In contract | - | |
| In contract | |||
| Oct 5, 2023 | Price Decreased |
$1,988,000
↓ $207K
(9.4%) | |
| Price Decreased | |||
| Sep 1, 2023 | Listed by Compass | $2,195,000 | |
| Listed by Compass | |||
| | |||
|
Just a few blocks from the beach this Leucadia gem is THE ONE! West of the 5, this home sits at the top of the hill with the most breathtaking views of Batiquitos lagoon. Take in those soft ocean breezes in your stunning front or backyard. The beautiful landscaping provides a serene retreat with stone pathways and even includes an outdoor shower! This charmer also boasts a fully permitted ADU and an additional bonus room is perfect as a separate office/workout room. Gorgeous wood beams adorn the entrance hall and guest room and also includes an immaculate fireplace. The living room and dining room flow seamlessly into the kitchen and allow for a cozy retreat or easy entertaining. Graceful cabinetry, granite countertops and stainless steel appliances adorn the kitchen and genuine hardwood floors add the additional finish to the home’s understated elegance. Oh, and there’s SOLAR! This home has everything! Enjoy the finest in coveted coastal living in one of Leucadia’s most sought after neighborhoods! The manager has listed the unit size as 1620 square feet.
| |||
| Feb 20, 2018 | Sold | ||
| Sold | |||
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About Encinitas
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Listed by: Cody Steele, Steele Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130025951
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130025951
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