$1,428,000
●
House -
Off Market
602 Shasta Drive
Encinitas, CA 92024
6 Beds
4 Baths,
1
Half Bath
4,543 Ft²
$2,653,555
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model
About This Property
With awe-inspiring ocean views to the west and the acclaimed
Encinitas Ranch Golf Course stretching to the north, this 4,543SF
5+ BD/4.5BA classic home is begging you to live where the ocean
breezes and panoramic views greet you each day. This one of a kind
location gives you designated open space to the west, access to
hiking trails, and privacy from neighboring homes. Enjoy a
functional floor plan that suits your needs with all the top
amenities, outdoor entertaining space and chef's kitchen. See
Supp. Neighborhoods: Encinitas Ranch Equipment: Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
4,543 Ft²
Days on Market
111 days
Land Size
0.18 acres
Price per sqft
$329
Property Type
House
Property Taxes
-
HOA Dues
$165
Year Built
2003
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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: 4 months ago (SDMLS #150046352)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2015 | Sold | ||
| Sold | |||
| Aug 22, 2015 | Listed by Ranch and Coast Real Estate | $1,495,000 | |
| Listed by Ranch and Coast Real Estate | |||
| Apr 14, 2014 | Sold | ||
| Sold | |||
| Jan 14, 2014 | Listed by Professional Realty Services | $1,385,000 | |
| Listed by Professional Realty Services | |||
   | |||
|
One of a kind Encinitas Ranch executive home with 2 sides open to ocean, lake & golf course panoramic sunset views perfect for entertaining. 4,543 sq ft packed with amenities such as gourmet kitchen, family room with 8 ft HD theater screen, mstr suite w/fireplace-retreat-dual closets-jet tub spa & balcony overlooking golf course, downstairs guest bdrm, backyard paradise w/water feature-firepit & BBQ area, 3 car garage + 4th car lift for that weekend sports car! Walking distance to beach & Encinitas shops Immediately down the hill to the West are the Botanical Gardens, the Encinitas Heritage Museum, City Park, a new agricultural education center with seven acres of organic farming (soon to be planted) and lastly a panoramic view out to the Pacific Ocean!. Neighborhoods: Encinitas Ranch Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Available Topography: LL,GSL
| |||
| Mar 2, 2012 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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: Rande Turner, Ranch and Coast Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150046352
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150046352
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