$899,000
●
House -
Off Market
225 Pacific View Lane
Encinitas, CA 92024
6 Beds
3 Baths,
1
Half Bath
3,226 Ft²
$2,037,356
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model
About This Property
First time on market! 3,226 sq ft home set on 9700 sq ft lot. Rare
find! NO HOA/Mello Roos, walking distance to beach, YMCA, Coaster,
dining & shops. Meticulously care for home. Large landscaped
backyard w/ fruit trees, 2 garden areas, lawn, & flowers. 1st level
bedroom w/ dedicated bath. Spacious kitchen/fam room opens to
backyard. Many extras. Loft, master bedroom retreat & enclosed
balcony can all be converted to extra bedrooms. Peak ocean view
from upstairs. This is a must see and will not last. [Supplement]:
This home is incredible. Loft, master bedroom retreat and enclosed
balcony can all be converted to add 3 more bedrooms. Crown molding,
new paint and carpet, upstairs & downstairs furnaces, new water
heater, spacious gardening area in 2 different locations,
landscaping is complete with tropical plants, flowers & fruit
trees. The backyard is private and the interior of the home
receives a lot of natural light. The 3-car garage interior
lighting/electrical has been upgraded - perfect for work shop.
Electrical ready for AC unit installation, if desired.
Unit Size
3,226 Ft²
Days on Market
91 days
Land Size
0.22 acres
Price per sqft
$294
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
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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: 4 months ago (SDMLS #120022267)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2012 | Sold | ||
| Sold | |||
| Apr 30, 2012 | Listed by First Team Real Estate | $949,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/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: Barb Westlake, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120022267
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120022267
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