$2,035,000
●
House -
Off Market
1920 Paxton Way
Encinitas, CA 92024
5 Beds
5 Baths,
1
Half Bath
4,927 Ft²
$3,133,775
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
BEST PRICED HOME WEST OF I- 5! Turn-key home priced to sell at $425
per sq.ft. Walking distance from Ponto beach & the 101!
Entertainers will enjoy the large chef's kitchen & open floor plan.
Lush tropical low maintenance & private 1/3 acre resort style
backyard. Center courtyard w/ built in benches, pool, firepit, BBQ
island & fruit trees. Upstairs master bedroom/retreat w/ sunset &
ocean views. Each bedroom features ensuite custom baths. 5BR, 5 1/2
plus BA, 1st floor BR w/BA. Outdoor shower. No HOA's! Highly
sought after Leucadia neighborhood, west of the 5! Surfers paradise
within walking distance to South Ponto beach and the coast hwy &
101 downtown Leucadia. Close to 5 freeway, Encinitas train station,
Carlsbad Palomar Airport, 5 star resorts, Golf, dining, shopping
and beaches. All bedrooms have ensuite baths. This Santa Barbara
style Barratt well built semi custom home has no detail spared. See
attachments for floor plan, additional features and upgrades. Enjoy
the sunsets off one of the many upstair balconies. Sprawling open
floor plan. Chef's kitchen w/huge granite island, stainless
appliances, 2 dishwashers, warming drawer, double oven, 6 burner
gas stove w/griddle & 100 bottle Viking wine refrigerator. Outdoor
shower. Meticulously maintained.. Neighborhoods: West of 5,
Leucadia Equipment: Fire Sprinklers,Garage Door
Opener,Pool/Spa/Equipment, Vacuum/Central, Water Filtration Other
Fees: 0 Sewer: Sewer Connected, Public Sewer Topography: LL
Unit Size
4,927 Ft²
Days on Market
38 days
Land Size
-
Price per sqft
$425
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007
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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: 5 months ago (SDMLS #190007902)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 18, 2019 | Sold | ||
| Sold | |||
| Feb 10, 2019 | No longer available | - | |
| No longer available | |||
| Feb 8, 2019 | Listed by Bennion Deville Homes | $2,095,000 | |
| Listed by Bennion Deville Homes | |||
| Jan 19, 2019 | Price Decreased |
$2,235,000
↓ $90K
(3.9%) | |
| Price Decreased | |||
| Dec 15, 2018 | Price Decreased |
$2,325,000
↓ $75K
(3.1%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Encinitas
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Listed by: Pamela King, Bennion Deville Homes
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190007902
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190007902
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