431 Orpheus
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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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | Listed by Swell Property | $2,468,500 | |
| Listed by Swell Property | |||
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Here is your opportunity to own a rare ranch-style home west of I-5 where panoramic ocean views meet a coastal lifestyle less than half a mile from the beach! Masterfully constructed by renowned local builder, Michael Shores, this ranch-style home captures sweeping vistas from every west-facing room, bringing ocean views and daily sunsets right into your living space. Adjacent to Orpheus Park, this home is just minutes from downtown Encinitas, the PCH/101 corridor, Paul Ecke Central Elementary and the Sunday Leucadia Farmers Market. This location offers the perfect balance of beach-town charm and everyday convenience. Inside, natural light pours through large windows, highlighting the warmth of Saltillo tile and the dramatic 18-foot wood-beamed ceiling in the great room and dining room. Two fireplaces provide a cozy and inviting ambiance as the seasons change. The main home offers two en-suite bedrooms and two bathrooms, complemented by an attached casita. Equipped with its own entrance and patio with ocean view, kitchen, living space, bedroom and full bathroom with jacuzzi shower, this casita is perfect for guests, multigenerational living, or rental opportunities. Step outside to a private backyard oasis complete with a jacuzzi spa, 7-tier pondless waterfall, deck and raised garden bed, a serene retreat after a day at the beach. Custom smart, solar powered lighting and thoughtfully designed drought tolerant landscaping create a scenic backdrop for breathtaking sunset views. A spacious two-car garage further enhances the lifestyle this property offers. Blending ranch-style living with coastal charm, this property sits just minutes from sandy beaches and the vibrant heart of Encinitas!
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| Dec 16, 2014 | Sold | ||
| Sold | |||
| Oct 24, 2014 | Listed by Gary Martin, Broker | $1,225,000 | |
| Listed by Gary Martin, Broker | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017