$1,135,000
●
House -
Off Market
831 Passiflora
Encinitas, CA 92024
4 Beds
2 Baths,
1
Half Bath
2,937 Ft²
$1,774,090
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
Opportunity knocks! As of list date this is the only house
for sale under $1m with over 2900sf. Add in a SUBSTANTIAL
blue water view from the master, a low traffic street, a large lot
(over ¼ acre), mature landscaping, NO fees & great upside after
remodeling (see tracts nearby at over $1.5 for views) & you're IN!
House has loads of charm due to original custom build & great
privacy. Master is up, 3 bedrooms down, area to add 2nd bath
downstairs (for 3.5 total). Private Courtyard, parking for 6
cars. Neighborhoods: Leucadia Equipment: Garage Door Opener,
Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography:
LL,GSL Guest House Est. SQFT: 0
Unit Size
2,937 Ft²
Days on Market
41 days
Land Size
0.25 acres
Price per sqft
$340
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 #150030940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2018 | Sold | ||
| Sold | |||
| Jan 1, 2018 | Listed by Pacific Sotheby's Int'l Realty | $1,900,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
 | |||
|
Recently Repriced. Experience this unique completely rebuilt custom Encinitas master piece with ocean views. Completed in 2017, this dream home has all the amenities for family, friends and entertaining, from Thermador pro series appliances to the spa style master shower. The open floor plan with La Cantina doors to wood vaulted ceilings are simply amazing. Enjoy mature landscaping, multiple decks, private court yard with a fire pit & outdoor shower. No HOA, No mello roos. Neighborhoods: Encinitas Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
| Jul 17, 2015 | Sold | ||
| Sold | |||
| Jun 6, 2015 | Listed by Coldwell Banker Res Brokerage | $999,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
Property Highlights
Garage
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
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Encinitas
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Listed by: Shannon Hagan, Coldwell Banker Res Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150030940
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150030940
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