$1,175,000
●
House -
Off Market
740 Rihely Place
Encinitas, CA 92024
5 Beds
4 Baths,
1
Half Bath
3,347 Ft²
$2,217,084
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model
About This Property
Elegant model perfect ocean view Encinitas Ranch home located at
the end of a cul-de-sac. One of only a few homes in Enc Ran with a
granny flat includg a full bath, mini ktchn, an extra upstairs
bedrm and separate entry. This elegant home features many upgrades
including crown moldings thrghout, stain glass windows, cstm
painted kitchen cabinets with stainless steel appliances, cstm
plaster paint in dining, family rooms, cstm closets, wood, stone
floor coverings, granite, stone cntrtps, and much more.
Neighborhoods: Encinitas Ranch Equipment: Fire Sprinklers,Garage
Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
3,347 Ft²
Days on Market
63 days
Land Size
0.15 acres
Price per sqft
$357
Property Type
House
Property Taxes
-
HOA Dues
$150
Year Built
2003
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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 #140023905)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 13, 2024 | Listed by Pacific Sotheby's Int'l Realty | $2,695,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| | |||
|
Nestled in a quiet culdesac in Encinitas Ranch, overlooking the lush greens of the Encinitas Ranch Golf Course with ocean views from the second-level primary suite, a meticulously maintained traditional-style 4-bedroom plus ADU home. The main level features a convenient ground-floor ensuite bedroom for guests or multigenerational living. The primary bedroom upstairs is a true retreat, offering ocean views and a peaceful ambiance. A spacious, well-appointed ADU, accessible from the inside or private entrance in the front, provides privacy and flexibility—whether for guests or as a rental income opportunity. The backyard offers plenty of space to lounge, dine, and savor gorgeous sunsets. Located a short walk from Fox Point farms, where you will find a farm-to-table restaurant, market, brewery, coffee roaster, and community social and wellness events; just a few minutes from downtown Encinitas, you'll find charming shops, dining options, and world-famous Encinitas beaches.
| |||
| Jul 7, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
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About Encinitas
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Listed by: Hamid Radvar, A.F.S. Realty & Mortgage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140023905
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140023905
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