$268,000
●
Multifamily -
Off Market
257 Mangano Circle
Encinitas, CA 92024
2 Beds
2 Baths
939 Ft²
$622,287
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model
About This Property
Don't wait! This opportunity will sell quickly! This Charming beach
cottage is a well-upgraded, move-in ready condo with an ocean view,
private patio and grassy area out front. Priced to attract
immediate offers. This is a lower level unit in the southernmost
bldg and so has a perfect little grassy area out front for kids and
pets. The interior has been completely and tastefully remodeled.
[Supplement]: All information deemed reliable, BUT BUYER AND AGENT
TO VERIFY ALL PRIOR TO COE!!!.
Unit Size
939 Ft²
Days on Market
325 days
Land Size
0.04 acres
Price per sqft
$308
Property Type
Multifamily
Property Taxes
-
HOA Dues
$275
Year Built
1984
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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 #110041556)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2012 | Sold | ||
| Sold | |||
| Jul 17, 2011 | Listed by Living West Realty Inc | $289,000 | |
| Listed by Living West Realty Inc | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Carport
Parking Features: Carport
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: BedroomOnMainLevel, MainLevelPrimary
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Flooring Type: Wood
Laundry Features: Gas Dryer Hookup, Laundry Closet, Stacked
Has Fireplace
Exterior Details
Has Property Attached
Square Footage: 939
Square Footage Source: $0
Architectural Style: Bungalow
Year Built: 1984
Levels: One
Construction Materials: Stucco, Wood Siding, Drywall
Patio and Porch Features: Covered, Concrete
Pool Features: None
Lot Features: Level, SprinklersNone
Lot Size Area: 0.04
Lot Size Units: Acres
Lot Size Acres: 0.04
Lot Size Square Feet: 1742.4
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA Fee: $275
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/17/2011
| |
2 Bed
|
2 Bath
|
939 ft²
|
$289,000
2 Bed
2 Bath
939 ft²
|
$268,000
-7.27%
06/06/2012
|
Guy Bahringer
Living West Realty Inc
|
Building Info
About Encinitas
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Listed by: Guy Bahringer, Living West Realty Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 110041556
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 110041556
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