$1,115,000
●
House -
Off Market
731 N Vulcan Ave
Encinitas, CA 92024
3 Beds
1 Bath,
1
Half Bath
1,368 Ft²
$1,857,872
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model
About This Property
Variance granted MLS 160026558. Dream and build... unique Leucadia
property with N-CRM-2 mixed use zoning, commercial / residential or
a combination of the two and many other uses. Highest and best use
is to build. The house is charming and currently used as a home
business @ 1350+ sq.ft. plus a permitted 320 sq.ft. storage
unit/office with ac/heat. Newer windows and heating / AC unit. The
property has ramps and is almost ADA compliant. See attached
documents for site plan. Neighborhoods: Olde Leucadia Architectural
Style: Craftsman/Bungalow View: Craftsman/Bungalow
Equipment: Shed(s) Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,368 Ft²
Days on Market
100 days
Land Size
0.21 acres
Price per sqft
$804
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998
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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 #160026093)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 28, 2018 | Sold | ||
| Sold | |||
| Oct 19, 2018 | No longer available | - | |
| No longer available | |||
| Oct 17, 2018 | Listed by First Team Real Estate | $1,695,000 | |
| Listed by First Team Real Estate | |||
| | |||
|
Unique opportunity to live & work in Leucadia...just steps from Hwy 101, shops, restaurants & the beach! Main building (approx 1,590 sf) comprises living rm w/fireplace, kitchen/dining area, 2 brs & 3 full baths...or use all rooms as four home office suites. Attached guest quarters (1,080 sf) includes great room w/fireplace, kitchen w/center island, br & ba plus sleeping loft. Upgrades include..new sewer line, electrical, plumbing, water meter, roof & fire sprinklers. See supplement for more info. 2 car attached garage w/auto lift & laundry room & full bath. Detached office/trailer approx 10' x 32' with heat & air. Plus detached workroom 10' x 13'. Back yard includes patio area w/barbecue & gas fire pit & professional landscaping with lighting.. Neighborhoods: Beach Equipment: Fire Sprinklers,Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Jun 11, 2018 | Listed | $1,845,000 | |
| Listed | |||
| | |||
|
Call listing agent: Paul Worthington 619-559-7015. Unique opportunity in Leucadia...just steps from Hwy 101, shops, restaurants & the beach! Main building (approx 1,770 sf) comprises living rm w/fireplace, kitchen/dining area, 2 brs & 2 full baths...or use all rooms as four office suites. Attached guest quarters (1,040 sf) includes great room w/fireplace, kitchen w/center island, br & ba & sleeping loft. Upgrades include..new sewer line, electrical, plumbing, water meter, roof & fire sprinklers. The manager has listed the unit size as 2980 square feet.
| |||
| Aug 18, 2016 | 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
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ft²
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About Encinitas
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Listed by: David Deisinger, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160026093
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160026093
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