$1,287,000
●
House -
Off Market
623 Alex Way
Encinitas, CA 92024
5 Beds
4 Baths,
1
Half Bath
3,347 Ft²
$2,230,884
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
This home is the perfect blend of casual elegance and an
entertainer's paradise! Beautifully finished with gorgeous wood
floors, custom wainscotting, crown molding and granite countertops
throughout. A spacious master suite, guest suite and a loft w/desks
and shelve The 1/4 acre lot is loaded with luxurious features incl.
a solar heated SALTWATER pool and spa w/a rock water-slide
surrounded by mature palms for a true oasis feel! The built in
BBQUE area has a fridge, covered patio, and a gas firepit.
Neighborhoods: Encinitas Ranch Architectural Style:
Craftsman/Bungalow View: Craftsman/Bungalow Equipment:
Fire Sprinklers,Garage Door Opener,Pool/Spa/Equipment, Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
Unit Size
3,347 Ft²
Days on Market
34 days
Land Size
0.25 acres
Price per sqft
$387
Property Type
House
Property Taxes
-
HOA Dues
$165
Year Built
-
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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 #160012678)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2019 | No longer available | - | |
| No longer available | |||
| Jul 5, 2019 | Listed | $1,799,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 3347 square feet.
| |||
| Apr 12, 2016 | Sold | ||
| Sold | |||
| Mar 9, 2016 | Listed by Berkshire Hathaway HomeService | $1,295,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Aug 7, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
With View
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: Claire Melbo, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160012678
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160012678
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