$1,350,000
●
House -
Off Market
460 Orpheus Avenue
Leucadia, CA 92024
3 Beds
2 Baths,
1
Half Bath
2,855 Ft²
$3,128,926
RealtyHop Estimate
115.79%
Since Oct 1, 2012
National-US
Primary Model
About This Property
Fabulous,unobstructed,180 degree views from this split-level
contemporary home within walking distance of Leucadia and
Encinitas.Slate flooring accented with solid mahogany doors and
windows make this home truly stunning. Ocean-view kitchen has slab
granite countertops, walk-in pantry, and Sub-Zero,Dacor,and Asko
appliances.Relax outside on the huge deck or covered patio,both
with fantastic ocean views. Large lot with 455sq.ft.detached
studio/workshop.Walk to beach,restaurants,and elementary school.
[Supplement]: The home was 95% remodelled in 1991.Outdoor hot/cold
shower for after beach bathing.Wood burning fireplace near
workshop, and gas fire element on patio.Sellers' family also owns
property to the immediate south,which is slated for renovation.
This is a unique opportunity to own a Leucadia masterpiece. First
time on the market in 40 years. Don't miss it!
Unit Size
2,855 Ft²
Days on Market
70 days
Land Size
0.27 acres
Price per sqft
$508
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #120036814)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2012 | Sold | ||
| Sold | |||
| Jul 20, 2012 | Listed by First Team Real Estate | $1,450,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Encinitas
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Listed by: Jean Steinemann, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 120036814
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 120036814
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