$1,050,000
●
Condo -
Off Market
598 Summer View Circle
Encinitas, CA 92024
3 Beds
2 Baths,
1
Half Bath
1,396 Ft²
$5,941
Est. Monthly
$544
HOA / Fees
4.57%
Cap Rate
About This Property
Charming, ideally located and close to everything! Yet....a
secluded development that no one even knows about! This
charming home is at the back of the complex tucked away from the
hustle bustle. End unit, only one attached neighbor. It
has long driveway for your guests to park plus lots of additional
guest parking close as well. Remodeled with decorator choices
galore! All the living area is on first, entry level.
High volume ceilings with spacious living room/dining room
combination. Cozy fireplace. Kitchen has abundance of
storage, newer cabinetry, trend setting amenities. Two large
bedrooms down plus an extra room that could be a great office or
workout room; has a closet so counted as the third bedroom.
Large balcony off main living area to enjoy outdoor living
with stairs that lead down to, yet another, patio and gardens..
The community offers resort lifestyle with pool, lots of
garden/green belts and pickle ball/tennis. Its beach living
that is close to downtown Encinitas, the beach, I-5, shopping but
tucked away; best kept secret in Encinitas!
Unit Size
1,396 Ft²
Days on Market
45 days
Land Size
-
Price per sqft
$787
Property Type
Condo
Property Taxes
-
HOA Dues
$544
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: 2 years ago (SDMLS #NDP2507897)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Price Decreased |
$1,099,000
↓ $30K
(2.7%) | |
| Price Decreased | |||
| Jul 1, 2025 | Listed by Coldwell Banker Realty | $1,129,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: AllBedroomsDown, PrimarySuite
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 1396
Square Footage Source: $0
Year Built: 1988
Levels: Two
Pool Features: Community, In Ground, Association
Lot Size Area: 1.78
Lot Size Units: Square Feet
Lot Size Square Feet: 1.78
Tax Lot: 4
Utilities Details
Cooling Type: None
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Management, Picnic Area, Pool, MaintenanceFrontYard, Pickleball
HOA Fee: $544
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 |
|---|---|---|---|---|---|---|---|
|
07/01/2025
| |
3 Bed
|
2 Bath
|
1396 ft²
|
$1,129,000
3 Bed
2 Bath
1396 ft²
|
$1,050,000
-7.00%
09/29/2025
|
Rick McGrath
Coldwell Banker Realty
|
Building Info
About Encinitas
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Listed by: Trudy McGrath, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2507897
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2507897
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