$480,000
●
Townhouse -
Off Market
550 Summer View Circle
Encinitas, CA 92024
2 Beds
2 Baths,
1
Half Bath
1,396 Ft²
$1,099,074
RealtyHop Estimate
120.26%
Since May 1, 2012
National-US
Primary Model
About This Property
Beautiful remodeled 2 bedroom, 2 1/2 bath home in gate guarded
Encinitas community. New kitchen with Caesarstone counter tops,
glass tile back splash and upgraded cabinetry. New spa like
bathrooms with gorgeous amenities. Premium hard wood flooring and
designer paint. Plus and extra office or sitting area close to
bedrooms. Huge backyard with stone patio and fountain. Community
has resort like pool, spa and tennis court. Walking distance to
downtown Encinitas, restaurants, train station, and beaches.
[Supplement]: Chandelier in dining room, and drapes in master and
office to not convey. Drapes in master and office do not convey,
credit will be given.
Unit Size
1,396 Ft²
Days on Market
43 days
Land Size
-
Price per sqft
$357
Property Type
Townhouse
Property Taxes
-
HOA Dues
$280
Year Built
1988
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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 #120013282)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 24, 2012 | Sold | ||
| Sold | |||
| Mar 12, 2012 | Listed by Willis Allen Real Estate | $499,000 | |
| Listed by Willis Allen Real Estate | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Has Carport
Parking Features: Attached Carport, Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Laundry Features: Gas Dryer Hookup, In Garage
Has Fireplace
Fireplace Features: See Remarks
Exterior Details
Has Property Attached
Square Footage: 1396
Square Footage Source: $0
Architectural Style: Cape Cod
Year Built: 1988
Levels: Two
Construction Materials: Stucco, Wood Siding
Pool Features: Community
Lot Features: Level, SprinklerSystem
Lot Size Units: Square Feet
Water Source: See Remarks
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Location Details
HOA Fee: $280
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 |
|---|---|---|---|---|---|---|---|
|
03/12/2012
| |
2 Bed
|
2 Bath
|
1396 ft²
|
$499,000
2 Bed
2 Bath
1396 ft²
|
$480,000
-3.81%
04/24/2012
|
Becca Berlinsky
Willis Allen Real Estate
|
Building Info
About Encinitas
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Listed by: Sean Caddell, Willis Allen Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 120013282
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 120013282
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