$1,785,000
●
House -
Off Market
811 Saxony Road
Encinitas, CA 92024
8 Beds
5 Baths,
2
Half Baths
4,844 Ft²
$2,696,835
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
INVESTMENT OPPORTUNITY NOT TO BE MISSED on this unique coastal
property which features 3 separate living units & 2 garages w/total
of 4,844sqft. 1st a 3,334 sqft elegant main house that offers
peek-a-boo ocean views, living room that opens up to a large
outdoor covered deck w/aboveground pool & large yard. 2nd an
adorable 856sqft 2bd/1ba detached cottage w/garage & yard. 3rd a
lovely 583sqft studio w/washer/dryer & office area. NO HOA &
PAID SOLAR! A RARE FIND! This fully remodeled coastal
property offers 3 separate units. 1st an elegant main house at
3,500sqft w/peek-a-boo ocean views, living room that opens up to a
large outdoor, redwood covered deck w/aboveground pool, outdoor
shower & large yard. 2nd an adorable 815sqft 2bd/1ba detached
cottage w/garage & yard. 3rd a lovely 500sqft studio
w/washer/dryer&office area. Live in the main house & rent out
the other 2 properties or rent out all 3. NO HOA & PAID SOLAR!
Garage is massive over 700sqft big enough to fit a motorhome and is
fully finished with a bathroom so could be an additional rental
space. Balconies off multiple bedrooms with peek-a-boo ocean views.
This is a real estate opportunity not to be missed!.
Neighborhoods: Leucadia Equipment: Garage Door
Opener,Pool/Spa/Equipment Other Fees: 0 Sewer: Sewer
Connected Topography: LL Guest House Est. SQFT: 850
Unit Size
4,844 Ft²
Days on Market
175 days
Land Size
-
Price per sqft
$412
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #200013315)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by First Team Real Estate | $1,995,000 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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: Tiffany Weis, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200013315
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200013315
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