$1,650,000
●
House -
Off Market
20022 Elfin Forest Rd
Escondido, CA 92029
6 Beds
4 Baths,
1
Half Bath
5,129 Ft²
$2,019,670
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Property is currently being remodeled & new photos will be taken
soon. Enjoy panoramic views & coastal breezes from this Elfin
Forest custom home with attached guest apartment/rental, on 2.38
acres. The main house, 4 beds/3.5ba + office + extra room +3
car garage is approx. 3400 sqft. The guest apartment/rental, 2
beds/1ba, is approx. 1800 sqft. was leased for $2500 per month.
Large gourmet kitchen w/center island, Travertine floors & 2 extra
large pantries. Waterford light fixtures & Red Oak wood
floors w/black Walnut inlay borders throughout the rest of the
house. Fantastic 75' long ceramic tile deck overlooks the
equestrian facilities in the back yard. A seasonal creek surrounded
by live Oaks runs through the property. Surrounded by hundreds of
acres of open space, & unlimited outdoor opportunities for hiking,
running and riding, this property also connects to a regional trail
system which leads to thousands more acres of open space. Live the
private & secluded country lifestyle, yet only minutes away from
shopping, restaurants, freeways, Cal State San Marcos, the renowned
Palomar Hospital & the beaches. No HOA or Mello Roos -
https://youtu.be/3f7jPssxQI0 Elfin Forest is an unincorporated San
Diego County community, conveniently located between Rancho Santa
Fe, San Marcos & Encinitas.
Unit Size
5,129 Ft²
Days on Market
70 days
Land Size
2.38 acres
Price per sqft
$331
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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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 (SDMLS #NDP2101434)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 11, 2021 | Sold | ||
| Sold | |||
| Feb 7, 2021 | Listed by Coldwell Banker Realty | $1,698,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Diego
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Currently no similar homes aroundNearby Rentals
Listed by: Eveline Bustillos, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2101434
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2101434
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