$555,000
●
Condo -
Off Market
940 Sealane Drive #13
Encinitas, CA 92024
1 Bed
1 Bath
733 Ft²
$1,232,638
RealtyHop Estimate
105.78%
Since Apr 1, 2013
National-US
Primary Model
About This Property
OCEANFRONT!!! No expense was spared in this stunning, completely
remodeled, first floor, ocean view condo. Over 130K in upgrades!
The kitchen and bath feature granite countertops with glass
backsplash, custom alderwood cabinets with SS hardware and easy
glide drawers, SS KitchenAid appliances, hand blown custom light
fixtures and pendants, recessed lighting, custom windows and
blinds, mirrored cedar lined closets w/organizers, all new doors
and frames, see supplemental remarks [Supplement]: In addition
there is a new fireplace, custom paint, new drywall, wiring,
plumbing. The bedroom features custom alderwood built-ins: queen
size platform bed, nightstands, and chest of drawers. The living
area features custom alderwood built-in desks for your home office,
and a storage unit with granite top. This home also has the largest
patio in the complex. Located within walking distance to downtown
Encinitas with great shops,restaurants,movie theater, and Whole
Foods Market. Beach access at Swami's, D Street, and Moonlight
Beach. Buyer to verify all listing info before close of escrow.
Unit Size
733 Ft²
Days on Market
161 days
Land Size
0.02 acres
Price per sqft
$817
Property Type
Condo
Property Taxes
-
HOA Dues
$460
Year Built
-
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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 #120051000)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2013 | Sold | ||
| Sold | |||
| Oct 9, 2012 | Listed by California Exclusive Propertie | $599,000 | |
| Listed by California Exclusive Propertie | |||
Property Highlights
Parking Available
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Assigned, Gated
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: MainLevelPrimary
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Common Area
Has Fireplace
Exterior Details
Has Property Attached
Square Footage: 733
Square Footage Source: $0
Security Features: Gated Community
Architectural Style: Contemporary
Year Built: 1980
Waterfront Features: Ocean Front
Levels: One
Construction Materials: Stucco, Wood Siding, Drywall
Patio and Porch Features: Stone
Pool Features: Community
Lot Features: Bluff, Level
Lot Size Area: 0.02
Lot Size Units: Acres
Lot Size Acres: 0.02
Lot Size Square Feet: 871.2
Water Source: See Remarks
Utilities Details
Cooling Type: None
Heating Type: Electric, Fireplace(s), Wall Furnace
Location Details
HOA Fee: $460
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 |
|---|---|---|---|---|---|---|---|
|
02/05/2026
|
2 Bed
|
2 Bath
|
970 ft²
|
$1,675,000
2 Bed
2 Bath
970 ft²
|
$1,595,000
-4.78%
02/19/2026
|
Polly Rogers
Compass
| |
|
04/29/2025
|
2 Bed
|
2 Bath
|
959 ft²
|
$1,895,000
2 Bed
2 Bath
959 ft²
|
$1,675,000
-11.61%
06/06/2025
|
Rosie Gross
Coldwell Banker Realty
| |
|
07/10/2024
|
2 Bed
|
2 Bath
|
1008 ft²
|
$2,295,000
2 Bed
2 Bath
1008 ft²
|
$2,275,000
-0.87%
08/29/2024
|
Shawn Bengtson
Shoreline Properties
| |
|
03/06/2020
|
2 Bed
|
2 Bath
|
959 ft²
|
$965,000
2 Bed
2 Bath
959 ft²
|
-
-
|
-
| |
|
05/29/2019
|
2 Bed
|
2 Bath
|
959 ft²
|
$1,069,000
2 Bed
2 Bath
959 ft²
|
-
-
|
-
| |
|
12/27/2019
|
1 Bed
|
1 Bath
|
733 ft²
|
$861,900
1 Bed
1 Bath
733 ft²
|
-
-
|
-
| |
|
08/23/2019
| |
2 Bed
|
2 Bath
|
959 ft²
|
$995,000
2 Bed
2 Bath
959 ft²
|
-
-
|
-
|
|
05/14/2019
|
1 Bed
|
1 Bath
|
733 ft²
|
$999,000
1 Bed
1 Bath
733 ft²
|
-
-
|
-
| |
|
02/22/2019
| |
2 Bed
|
2 Bath
|
959 ft²
|
$1,080,000
2 Bed
2 Bath
959 ft²
|
-
-
|
-
|
|
01/29/2019
|
3 Bed
|
2 Bath
|
1486 ft²
|
$1,200,000
3 Bed
2 Bath
1486 ft²
|
$1,120,000
-6.67%
03/11/2019
|
Whitney St.Clair
Coldwell Banker Realty
| |
|
09/21/2018
|
2 Bed
|
2 Bath
|
959 ft²
|
-
2 Bed
2 Bath
959 ft²
|
-
-
|
-
| |
|
01/22/2014
|
2 Bed
|
2 Bath
|
959 ft²
|
$750,000
2 Bed
2 Bath
959 ft²
|
$740,000
-1.33%
04/11/2014
|
Jeff Eldridge
RE/MAX Associates
| |
|
09/05/2013
|
2 Bed
|
2 Bath
|
959 ft²
|
$719,000
2 Bed
2 Bath
959 ft²
|
$699,000
-2.78%
10/07/2013
|
Chris Heller
Keller Williams Carmel Valley
| |
|
02/15/2013
|
2 Bed
|
2 Bath
|
959 ft²
|
$699,990
2 Bed
2 Bath
959 ft²
|
$670,000
-4.28%
06/28/2013
|
Joel Tarquin
ERA Ranch & Sea Realty
| |
|
10/09/2012
|
1 Bed
|
1 Bath
|
733 ft²
|
$599,000
1 Bed
1 Bath
733 ft²
|
$555,000
-7.35%
03/19/2013
|
Deborah Phipps
California Exclusive Propertie
| |
|
10/07/2011
|
2 Bed
|
2 Bath
|
959 ft²
|
$569,000
2 Bed
2 Bath
959 ft²
|
$545,000
-4.22%
02/24/2012
|
Stephen Schuette
First Team Real Estate
|
Building Info
About Encinitas
Similar Homes for Sale
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Listed by: Deborah Phipps, California Exclusive Propertie
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120051000
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120051000
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