$387,500
●
Condo -
Off Market
291 Fairlee Lane
Encinitas, CA 92024
3 Beds
2 Baths
1,054 Ft²
$770,434
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model
About This Property
High Country Villas. Panoramic Views. End Unit at the end of the
Street. Private, Quiet and Serene. Sits Atop Bluff with Lovely
Mature Trees and Greenbelt. Bright South Facing Exposure. Feels
Like a Single Family Residence. Two fenced Patios. Pull Down Stairs
to Large Lighted Attic. Walk in Closets. Extra View Window Added in
Living Room. Natural Gas in Unit. Oversized Garage with Storage,
New Opener and Roll up Door. Private Club House, Pool, Spa, Trails
and Golf Course. Very Clean Condition. New self cleaning
range and vent microwave oven. Newer water heater. New tub and
shower enclosures. Freshly painted.. Neighborhoods: High
Country Villas Complex Features: ,,,,,, Equipment:
Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 55
Sewer: Sewer Connected Topography: LL
Unit Size
1,054 Ft²
Days on Market
27 days
Land Size
-
Price per sqft
$375
Property Type
Condo
Property Taxes
-
HOA Dues
$286
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 #130057115)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 21, 2013 | Sold | ||
| Sold | |||
| Oct 25, 2013 | Listed by Pacific Homes | $395,000 | |
| Listed by Pacific Homes | |||
Property Highlights
Parking Details
Has Garage
Parking Features: Driveway
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Disposal, Gas Water Heater, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Exterior Details
Has Property Attached
Square Footage: 1054
Architectural Style: Mediterranean
Year Built: 1982
Levels: One
Construction Materials: Stucco
Patio and Porch Features: See Remarks
Pool Features: Community
Tax Lot: 291Fairlee92024
Utilities Details
Cooling Type: None
Heating Type: Electric, See Remarks
Location Details
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 |
|---|---|---|---|---|---|---|---|
|
10/25/2013
| |
3 Bed
|
2 Bath
|
1054 ft²
|
$395,000
3 Bed
2 Bath
1054 ft²
|
$387,500
-1.90%
11/21/2013
|
Tom Paget
Pacific Homes
|
Building Info
About Encinitas
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Listed by: Tom Paget, Pacific Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130057115
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130057115
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