$1,200,000
●
Condo -
Off Market
348 Paseo Pacifica
Encinitas, CA 92024
2 Beds
2 Baths,
1
Half Bath
1,458 Ft²
$1,826,868
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model
About This Property
Forever Ocean Views and Incredible Sunsets, await you in this 2 Bed
2-1/2 Ba. Coastal Villa. Featuring Spacious Living Rm. with 15' Vaulted Ceiling and Corner Fireplace. French Doors provide lots of
natural light and gentle ocean breezes. Plantation Shutters and
Bamboo Wood Floors. Open Kitchen has a Dacor 6 burner Range, Bosch
Dishwasher and Granite Counters. Large, Bright Bedrooms and
Hacienda Styled bathrooms downstairs. Short walks to Beach,
Restaurants, shopping and everything else Encinitas offers.
Encinitas offers an amazing Beach Lifestyle. Rare
opportunity to purchase an upstairs unit with uncommon unobstructed
ocean and village views, in arguably the best location in 92024.
Spectacular Panoramic Ocean and Town Views from large deck that
opens from both Living Room and Dining Room. Bamboo wood floors.
Enjoy, always changing and exiting Encinitas' finest
eateries, shopping, and entertainment!. Neighborhoods:
Encinitas - Beach Community Complex Features: , Equipment: Garage
Door Opener, Washer Other Fees: 0 Sewer: Sewer Connected
Topography: GSL
Unit Size
1,458 Ft²
Days on Market
70 days
Land Size
-
Price per sqft
$857
Property Type
Condo
Property Taxes
-
HOA Dues
$425
Year Built
1984
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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: 5 months ago (SDMLS #190055086)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2019 | Sold | ||
| Sold | |||
| Oct 7, 2019 | Listed by Compass | $1,249,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Garage, Garage Door Opener, Guest, DoorMulti
Garage Spaces: 2
Open Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Granite Counters
Appliances: Dishwasher, Electric Oven, Electric Range, Gas Cooktop, Gas Range, Gas Water Heater, Ice Maker, Refrigerator
Flooring Type: Bamboo, Tile, Wood
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Has Fireplace
Fireplace Features: Dining Room, Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 1458
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: RepairsCosmetic
Architectural Style: Mediterranean
Year Built: 1984
Levels: Two
Construction Materials: Stucco, Wood Siding
Patio and Porch Features: Front Porch, Concrete, Wood
Pool Features: Community, Gas Heat, Heated
Utilities Details
Cooling Type: Central Air, Gas
Heating Type: Forced Air, Natural Gas
Location Details
HOA Fee: $425
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 |
|---|---|---|---|---|---|---|---|
|
10/07/2019
| |
2 Bed
|
2 Bath
|
1458 ft²
|
$1,249,000
2 Bed
2 Bath
1458 ft²
|
$1,200,000
-3.92%
12/16/2019
|
Craig Wells
Compass
|
Building Info
About Encinitas
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Listed by: Craig Wells, Compass
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190055086
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190055086
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