615 Shasta Dr
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Oct 20, 2026 | Listed by Barry Estates | $3,495,000 | |
| Listed by Barry Estates | |||
| Nov 25, 2019 | Sold | ||
| Sold | |||
| Sep 24, 2019 | Listed by Compass | $1,579,000 | |
| Listed by Compass | |||
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Welcome to 615 Shasta Dr. This well appointed Toll Brothers built home is situated on one of the best streets in Encinitas Ranch. From the moment you enter this gorgeous 4 BR+Loft & 4.5 BA dwelling you will not be disappointed. Well thought out floor plan which offers the highly sought after FIRST FLOOR master bedroom. Upgrades inc. In ceiling speakers, wood floors, window coverings, Jet Tub in MB, built in cabs and a meticulously kept entertainers yard w/fire pit. Upstairs front balcony has ocean views! Welcome to 615 Shasta Drive. This well appointed Toll Brothers built home is situated on one of the best streets in Encinitas Ranch. From the moment you enter this gorgeous 4 Bedroom +Loft & 4.5 Bathroom dwelling you will not be disappointed. Well thought out floor plan which offers the highly sought after FIRST FLOOR master bedroom. Upgrades include In ceiling speakers, wood floors, window coverings, Jet Tub in Master Bathroom, built in cabinets and a meticulously kept entertainers yard with stone Fire Pit. Close to world renowned beaches, amazing golf courses, phenomenal restaurants and magnificent shops. Don’t forget about the ocean views from the front balcony too!. Neighborhoods: Encinitas Ranch Equipment: Fire Sprinklers Other Fees: 0 Sewer: Sewer Connected, Public Sewer Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017