$2,690,000
●
House -
Off Market
370 Neptune Avenue
Encinitas, CA 92024
4 Beds
4 Baths
2,504 Ft²
$5,732,636
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model
About This Property
Enjoy marvelous ocean vistas from this contemporary oceanfront
property. 2 completely separate & exquisitely remodeled residences
each offer a relaxing beach retreat. The upstairs residence is a 2
bed 1 bath in about 1000 square feet while the larger downstairs
residence is 2 beds and 2 baths in about 1500 square feet for a
total of 4 bedrooms in 2500 square feet. With a rugged CCC approved
sea wall, expansive view decks, a 2 car garage (w/full bath) and
beach access less than 100 feet away....just wow! Neighborhoods:
Ocean Front Architectural Style: Craftsman/Bungalow View:
Craftsman/Bungalow Equipment: Dryer,Garage Door
Opener,Pool/Spa/Equipment, Range/Oven, Washer Other Fees: 0 Sewer:
Sewer Connected Topography: LL Guest House Est. SQFT: 1000
Unit Size
2,504 Ft²
Days on Market
214 days
Land Size
0.10 acres
Price per sqft
$1,178
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1967
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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 #130028271)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2014 | Sold | ||
| Sold | |||
| Jun 2, 2013 | Listed by Walter Bert Shaffer, Broker | $2,950,000 | |
| Listed by Walter Bert Shaffer, Broker | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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HOA + Taxes
About Encinitas
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Listed by: Walter Shaffer, Walter Bert Shaffer, Broker
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130028271
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130028271
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