$505,000
●
Condo -
Off Market
263 Fairlee Lane
Encinitas, CA 92024
2 Beds
2 Baths
936 Ft²
$730,845
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model
About This Property
WOW! WHAT A VIEW! This 2 bdrm, 2 ba home offers some of the
best views in High Country Villas! Experience life in this
very ACTIVE 55+ community. Golf, swim, play billiards, movie
nights, yoga & many other activities. Enjoy the convenience
of this turnkey unit, new flooring, updated bathrooms; new toilets,
sinks & vanities, new tub surround in master bath. Updated
appliances in kitchen & NO POPCORN on the vaulted ceilings. Located
close to shopping, freeway acces & ONLY a few miles to the BEACH!
Neighborhoods: High Country Villas Equipment: Dryer,Garage
Door Opener, Washer Other Fees: 60 Sewer: Sewer Connected
Topography: ,,RSLP
Unit Size
936 Ft²
Days on Market
28 days
Land Size
-
Price per sqft
$513
Property Type
Condo
Property Taxes
-
HOA Dues
$286
Year Built
1981
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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 #180022680)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2018 | Sold | ||
| Sold | |||
| May 1, 2018 | Listed by First Team Real Estate | $480,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave, Refrigerator
Flooring Type: Carpet, Laminate
Laundry Features: Electric Dryer Hookup, Inside
Exterior Details
Has Property Attached
Square Footage: 936
Year Built: 1981
Levels: One
Construction Materials: Stucco
Pool Features: Community, Solar Heat, Salt Water, Association, HeatedPassively
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Electric, Radiant
Location Details
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Golf Course, Pool, Spa/Hot Tub, BocceCourt
HOA Fee: $286
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 |
|---|---|---|---|---|---|---|---|
|
05/01/2018
| |
2 Bed
|
2 Bath
|
936 ft²
|
$480,000
2 Bed
2 Bath
936 ft²
|
$505,000
+5.21%
05/29/2018
|
Vicki Wright
First Team Real Estate
|
Building Info
About Encinitas
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Listed by: Vicki Wright, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180022680
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180022680
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