$219,900
●
Condo -
Off Market
261 Fairlee Lane
Encinitas, CA 92024
2 Beds
2 Baths
936 Ft²
$472,091
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model
About This Property
ALL OFFERS WILL BE CONSIDERED!! This lower level 2 bed, 2 bath unit
in the desireable High Country Villas community features fantastic
views, a low traffic location, and the peace and quiet you are
looking for. Come and take a look! Seller has never occupied
property and is exempt from supplying buyer with TDS. The home is
being sold in current AS-IS condition. Information herein is deemed
reliable but is not guaranteed. Buyer to verify all. Equipment:
Dryer, Range/Oven, Washer Other Fees: 50 Sewer: Sewer
Connected Topography: LL
Unit Size
936 Ft²
Days on Market
-
Land Size
-
Price per sqft
$235
Property Type
Condo
Property Taxes
-
HOA Dues
$280
Year Built
1981
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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 #110010193)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2012 | Sold | ||
| Sold | |||
| Feb 17, 2011 | Listed by RE/MAX Pacific | $219,900 | |
| Listed by RE/MAX Pacific | |||
Property Highlights
Parking Available
Parking Details
Has Garage
Parking Features: Assigned
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: BedroomOnMainLevel
Appliances: Dishwasher, Gas Water Heater, Microwave, Refrigerator
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Exterior Details
Has Property Attached
Square Footage: 936
Square Footage Source: $0
Year Built: 1981
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Concrete
Pool Features: None
Lot Size Units: Square Feet
Tax Lot: 261Fairlee92024
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Trash, Water
HOA Fee: $280
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 |
|---|---|---|---|---|---|---|---|
|
03/08/2019
| |
2 Bed
|
2 Bath
|
936 ft²
|
$479,000
2 Bed
2 Bath
936 ft²
|
$470,000
-1.88%
07/05/2019
|
Jay Burneo
Bennion Deville Homes
|
|
02/17/2011
| |
2 Bed
|
2 Bath
|
936 ft²
|
$219,900
2 Bed
2 Bath
936 ft²
|
$219,900
07/17/2012
|
James Paine
RE/MAX Pacific
|
Building Info
About Encinitas
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Listed by: James Paine, RE/MAX Pacific
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 110010193
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 110010193
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