$699,000
●
Condo -
Off Market
940 Sealane Drive #2
Encinitas, CA 92024
2 Beds
2 Baths
959 Ft²
$1,401,680
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model
About This Property
Incredible oceanfront property! Hear the waves as you relax in your
room. Ground floor unit with dual master suites fully remodeled and
upgraded granite, cabinets, lighting SS package, travertine floors,
halogen tract lighting and appliances. Living room and bedroom
patio has sit down ocean views and lead out to pool/spa.
Spectacular sunsets! Short walk to all the fun in downtown
Encinitas! Neighborhoods: Oceanfront Equipment: Pool/Spa/Equipment,
Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography:
LL
Unit Size
959 Ft²
Days on Market
32 days
Land Size
0.02 acres
Price per sqft
$750
Property Type
Condo
Property Taxes
-
HOA Dues
$460
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #130047581)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 3, 2020 | In contract | - | |
| In contract | |||
| Jun 9, 2020 | No longer available | - | |
| No longer available | |||
| Jun 7, 2020 | Listed | $910,000 | |
| Listed | |||
| | |||
|
BRING YOUR BUYERS, 2nd HOME VACATIONERS, AND INVESTORS. Spectacular Sunsets and ocean breezes this is coastal living at it's best. Single level entry dream home with no steps. Newly remodeled 2 bed|2 bath light, bright fresh modern beach look. Kitchen has white cabinetry, quartz counter tops, plank tile flooring, fresh neutral paint, newer stainless steel appliances. LOCATION, LOCATION, LOCATION - ocean front home walking distance to Encinitas Village restaurants, shopping, bars and cafes. The manager has listed the unit size as 959 square feet.
| |||
| May 29, 2020 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Assigned, Gated
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Appliances: Microwave, Refrigerator
Laundry Features: Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Exterior Details
Has Property Attached
Square Footage: 959
Year Built: 1980
Levels: Three Or More
Pool Features: Community
Lot Size Area: 871
Lot Size Units: Square Feet
Lot Size Acres: 0.02
Lot Size Square Feet: 871
Tax Lot: 940Sealane292024
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
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
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Listed by: Chris Heller, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130047581
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130047581
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