$6,500,000
●
House -
Off Market
708 4th Street
Encinitas, CA 92024
5 Beds
5 Baths
4,500 Ft²
$10,616,202
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model
About This Property
Entertaining offers b/w $6,495,000-$6,995,000. Oceanfront new
construction masterpiece! Enjoy whitewater views of the California
coastline from this custom-built & impeccably finished estate.
Expansive open spaces, vaulted ceilings & wall-to-wall disappearing
glass doors afford unparalleled ocean views. Entertain & dine
al-fresco on the outdoor patio or unwind & fall asleep to the sound
of the surf. Situated on a corner lot w/ no neighbor to the north &
walking distance to the best restaurants & shops! No expense
was spared in the construction of this coastal contemporary gem
that spans 50 feet of ocean frontage. High-end, designer finishes &
amenities include: imported materials that adorn the floors,
counters, cabinetry & ceilings throughout, gourmet kitchen w/
top-of-the-line appliances & 2 islands, spacious master retreat w/
private deck, 3-car garage & more. The style, convenience, security
& luxury make this property one of the best opportunities on the
oceanfront!. Neighborhoods: Beach Equipment: Dryer,Fire
Sprinklers,Garage Door Opener, Washer Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
4,500 Ft²
Days on Market
118 days
Land Size
0.30 acres
Price per sqft
$1,554
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2017
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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 #180037581)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2018 | Sold | ||
| Sold | |||
| Jul 10, 2018 | Listed by Pacific Sotheby's Int'l Realty | $6,995,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Sep 2, 2017 | Listed | $7,300,000 | |
| Listed | |||
| | |||
|
Custom oceanfront home. Completely renovated 9/2017 with designer features. Gourmet kitchen w island, gorgeous cabinetry thru-out. Wood beam ceilings, hi-end flooring and Multiple Fireplaces creating an ambience that invites guest into your home as they are drawn right to the backyard where one can sit and enjoy the majestic ocean. Fall asleep to the sound of the ocean from the master suite which features breathtaking views and private deck. The manager has listed the unit size as 4500 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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About Encinitas
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Listed by: Eric Iantorno, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180037581
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180037581
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