940 SEALANE DR #2
About This Property
The manager has listed the unit size as 959 square feet.
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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%.
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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.
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 | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017