306 Encino Lane
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2020 | Sold | ||
| Sold | |||
| Jun 17, 2020 | Listed by Keller Williams OCC Realty | $1,065,000 | |
| Listed by Keller Williams OCC Realty | |||
| | |||
|
500 STEPS to the SAND! Perfectly located between San Clemente Pier, Linda Lane Beach, and Downtown San Clemente, all accessible via foot! With over $150,000 in recent upgrades and renovations this single level 2 bed / 2 bath beach cottage offers the ultimate opportunity to experience the true San Clemente Lifestyle. Everything is New: Roof, Furnace, Plumbing, Electrical Wiring, Interior Laundry room, Samsung Appliances, Cabinetry, Countertops, En Suite Master Bath with Walk-in shower, Fixtures, Doors, Sewer in street, Flooring, Sliding glass door, Lawns, sprinklers etc etc.......With an extra large side yard, and front and back yards adorned with newly laid sod, the outdoor opportunities on this corner lot are endless. Truly, an outdoor entertainer's delight. In a popular beach neighborhood where parking spaces are the utmost of value, one may choose to convert the front or side yard into additional parking for 5 more cars and/or an RV. Whether it's your first home, your beach house or your home for retirement, one thing is for sure, everyday will feel like you are on vacation in this adorable beach cottage. Sell the car and walk everywhere. Walk to Fisherman's at the Pier, Downtown San Clemente for boutique shopping and dining, Linda Lane Park and Beach, Train Station and more...Live in the Heart of San Clemente!
| |||
| May 1, 2020 | Sold | ||
| Sold | |||
| Mar 23, 2020 | Listed by Conrad Realtors Inc | $799,000 | |
| Listed by Conrad Realtors Inc | |||
Property Highlights
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Price/ft²
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About San Clemente
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017