$1,100,000
●
House -
Off Market
1724 N Willowspring Drive
Encinitas, CA 92024
3 Beds
3 Baths,
1
Half Bath
1,658 Ft²
$5,689
Est. Monthly
$42
HOA / Fees
4.88%
Cap Rate
About This Property
Use virtual tour, photos and floorpans. Tenant occupied until 12/25
on a market rent lease per Month. Live showing with accepted offer.
Highly sought-after Summerhill twinhome, perfectly situated across
from a tranquil greenbelt. This delightful 3-bedroom, 2.5-bath
residence features stunning upgrades throughout, including a modern
kitchen and beautifully renovated bathrooms. Enjoy the warmth of
new laminate Beechwood flooring and an airy kitchen that opens to a
private, low-maintenance yard. The third bedroom, conveniently
located downstairs, can provide space for an office if desired.
Additional highlights include upgraded windows, lighting, and
electrical systems, along with overhead garage storage. Enjoy the
lush landscaping that features grapefruit, mango, lemon, lime, fig,
and avocado trees, complete with a drip irrigation system and
brand-new solar panels that are fully paid off. Experience comfort
while being ideally located near award-winning schools,
restaurants, shopping, and the beach, with low HOA fees and no
Mello Roos.
Unit Size
1,658 Ft²
Days on Market
63 days
Land Size
0.07 acres
Price per sqft
$694
Property Type
House
Property Taxes
-
HOA Dues
$42
Year Built
-
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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: 2 years ago (CRMLS #NDP2409795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 22, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Price Decreased |
$1,150,000
↓ $145K
(11.2%) | |
| Price Decreased | |||
| Nov 6, 2024 | Listed by Coldwell Banker West | $1,295,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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: Danny Power, Coldwell Banker West
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2409795
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2409795
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