1649 N Willowspring Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | Listed by Coldwell Banker Realty | $1,650,000 | |
| Listed by Coldwell Banker Realty | |||
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This single level home has an updated kitchen, four bedrooms and a beautiful view! With wood floors, newer windows and sliding doors, and newer air conditioning and heating, this is the move-in ready home you've been waiting for! Enjoy the modern, updated kitchen with glass tile backsplash, glass cabinet doors, stainless appliances and large peninsula with seating. Tall ceilings in the living areas and loads of windows maximize the light and amplify the views. A large primary bedroom has a sliding door to the back patio, an ensuite bath with updated shower surround and tile floor, and a walk-in closet. Three more bedrooms, one with double doors to the living area that could function as a den, and a two-car garage round out the floor plan. The patio is ample for entertaining and the yard offers grass area for pets or play, a Meyer lemon tree, plus a lovely view of the hills and neighborhood beyond. This home is conveniently-located across from one of two sets of community pools, parks and tennis courts and equidistant between the highly-rated local elementary and middle schools. The neighborhood offers close proximity to retail and restaurants of the El Camino Real corridor. Encinitas is home to world-class beaches and a vibrant downtown scene on the Coast HWY 101.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017