$775,000
●
Multifamily -
Off Market
736 Summersong Ln
Encinitas, CA 92024
3 Beds
2 Baths,
1
Half Bath
1,745 Ft²
$1,053,328
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
Extremely popular Summerhill floorplan with 3 BR/2.5BA, 1745 ESF of
spacious living! All 3 BR are on the upper level. As one enters
this freshly painted light and bright home, you are greeted by the
formal living room with new carpet. The dining area has access to a
private patio. The kitchen overlooks family room w/fireplace and
direct access to the sun filled back yard. Plenty of room to garden
and enjoy the outdoor patio. Highly desirable and quiet location.
Walk to schools. Low HOA.. Neighborhoods: Summerhill
Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,745 Ft²
Days on Market
70 days
Land Size
0.07 acres
Price per sqft
$441
Property Type
Multifamily
Property Taxes
-
HOA Dues
$50
Year Built
1986
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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 #200024538)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | Listed by Swell Property | $769,000 | |
| Listed by Swell Property | |||
Property Highlights
Fireplace
Parking Details
Has Garage
Parking Features: Driveway, Uncovered
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Walk-In Closet(s), AllBedroomsUp
Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Refrigerator, GasCooking
Flooring Type: Carpet, Tile
Laundry Features: Washer Hookup, Gas Dryer Hookup, In Garage
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 1745
Year Built Source: Assessor
Year Built: 1986
Levels: Two
Construction Materials: Stucco
Pool Features: Community
Lot Size Area: 3263
Lot Size Units: Square Feet
Lot Size Acres: 0.07
Lot Size Square Feet: 3263
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Fireplace(s), Natural Gas
Location Details
HOA Fee: $50
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2020
| |
3 Bed
|
2 Bath
|
1745 ft²
|
$769,000
3 Bed
2 Bath
1745 ft²
|
$775,000
+0.78%
08/07/2020
|
David Miller
Big Block Realty, Inc.
|
Building Info
About Encinitas
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Listed by: David Miller, Swell Property
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200024538
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200024538
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