1
Map
$744,000
●
House -
Off Market
2377 Royal Oak Dr
Escondido, CA 92027
4 Beds
3 Baths
2,498 Ft²
$1,202,877
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model
About This Property
Spacious Mid-Century Modern redesigned by renowned architect Norm
Applebaum. Floor plan has been opened up to allow views of the lush
San Pasqual Valley and mountains and the stunning sunset in the
evening.Relax in the new Jacuzzi on the deck or entertain guests
while taking in the amazing views. Fully fenced backyard space
perfect for kids or pets to run on the new lawn. Loft above the
master bedroom perfect for a mini retreat. The views and serenity
you can only enjoyed in person! Neighborhoods: Mountain View
Equipment: Garage Door Opener,Pool/Spa/Equipment, Shed(s) Other
Fees: 0 Sewer: Septic Installed
Unit Size
2,498 Ft²
Days on Market
55 days
Land Size
1.30 acres
Price per sqft
$301
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968
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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 #170028520)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2024 | Sold | ||
| Sold | |||
| Oct 15, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 3, 2024 | Listed by Agents of Architecture, Inc. | $1,200,000 | |
| Listed by Agents of Architecture, Inc. | |||
| | |||
|
In 1976 San Diego based architect Norm Applebaum, took a traditional ranch house and transformed it into a classic example of Mid-Century Modern architecture. Perched on a secluded hilltop overlooking miles of open space, the home's floor-to-ceiling windows offer incredible panoramic views of the San Pasqual Valley and mountains beyond. Enjoy amazing sunrises and sunsets from your living room or from outside on the large entertaining deck that is accessible from multiple rooms. Inside you'll find soaring vaulted ceilings, an inviting floor plan that flows effortlessly throughout and an open kitchen that enjoys both the valley view and a door leading straight to a fully enclosed yard, wonderfully landscaped with drought tolerant plants. All bedrooms have sliding glass doors with direct access to yard space or the deck. There is a bonus loft above the primary bedroom that can be used for storage, an office or reading nook. Enjoy the intended use of the home as a place of relaxation and enjoyment. "I practice as an artist. All my homes are done artistically." - Norm Applebaum
| |||
| Jul 26, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About East Valley
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Listed by: Olivia Dunham, Shay Realtors
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170028520
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170028520
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