$1,010,000
●
House -
Off Market
1636 Burgundy Rd.
Encinitas, CA 92024
5 Beds
4 Baths
1,840 Ft²
$1,733,678
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model
About This Property
Withdrawn do to multiple offers & countering. This highly
upgraded single-story Beach Bungalow sits at the end of a gated
flag lot, offering 3 BR, 2 BA, a Remodeled Kitchen complete with
Quartz counters, Custom Cabinets, SS Appl, & opens to a Greatroom
Style Living & Dining area w/ hardwood floors that overlooks the
lush tropical backyard w/ pool & waterfall spa. There is also an
attached studio apt with full BA & Kit that could be a 4th BR. The
detached 3 car garage has a studio w/full BA. BEACH 1 MILE!
Neighborhoods: Crest Acres Equipment: Garage Door
Opener,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL Guest House Est. SQFT: 450
Unit Size
1,840 Ft²
Days on Market
45 days
Land Size
0.30 acres
Price per sqft
$521
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
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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 #150011985)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2019 | Sold | ||
| Sold | |||
| Jul 29, 2019 | Listed by Coldwell Banker Realty | $1,295,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Be prepared to be captivated! Absolutely magical 3Br/2B single-level beach bungalow tucked away down a private gated drive. Oozing charm w/quality upgrades of hrdwd floors, quartz, travertine, custom cabinetry & cozy fireplaces. Outside is a .3-acre tropical oasis w/lush landscaping, grotto pool & waterfall spa. Bonus attached studio apt. w/bath/kitchen AND a detached garage w/additional studio lends itself to great potential income. Owned solar, dual-paned windows, tankless water heaters and much more. Aside from the lovely interior cosmetic improvements there are many system upgrades - solar system basically offers free electricity, HVAC installed in 2015, newer electrical panel for garage/studio, tankless water heaters, energy efficient windows/doors.. Neighborhoods: Leucadia Architectural Style: Craftsman/Bungalow View: Craftsman/Bungalow Equipment: Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL Guest House Est. SQFT: 400
| |||
| Aug 29, 2016 | Sold | ||
| Sold | |||
| Jul 8, 2016 | Listed by Windermere Homes & Estates | $1,200,000 | |
| Listed by Windermere Homes & Estates | |||
| | |||
|
Coastal Leucadia w/ FREE Electricity! *NEW SOLAR-Paid in full & conveys w/ warranty. Save $400+/mo. on electricity. Single level property is a one-of-a kind opportunity-featuring a highly upgraded 3 Bed/2 Bath Main Home. Plus 1 Bed/1 Bath Guest Home w/ full Kitchen. In addition, the 3-car detached garage has one bay converted to a versatile Studio complete w/ full bath. Gated .30 Ac lot, tropical & lush w/ pool/spa waterfall & lots of privacy. Short walk to Capri Elementary & 1 mile to Leucadia beaches! Neighborhoods: Crest Acres Equipment: Garage Door Opener,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL Guest House Est. SQFT: 400
| |||
| Apr 20, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Sold On
HOA + Taxes
About Encinitas
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Listed by: John Faulstich, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150011985
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150011985
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