$1,425,000
●
House -
Off Market
950 Hermes Ave
Encinitas, CA 92024
4 Beds
4 Baths
2,489 Ft²
$2,439,534
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model
About This Property
CUSTOM NEW CONSTRUCTION home in Leucadia! Professionally designed
with ultra high-end finishes inside and out! Rich with wood,
marble, and ceiling detail throughout. Custom built-ins provide
plenty of storage. LED lighting. Built in speakers in the ceiling
and wired for everything! A Long private drive with beautiful
pavers sets this home way off the street. Neighborhoods: Leucadia
Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: GSL
Unit Size
2,489 Ft²
Days on Market
51 days
Land Size
-
Price per sqft
$582
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016
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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 #160050827)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Nov 3, 2025 | In contract | - | |
| In contract | |||
| Oct 12, 2025 | Listed by Coastal Premier Properties | $2,995,000 | |
| Listed by Coastal Premier Properties | |||
| | |||
|
Newer construction in a prime Village of Leucadia Location. Professionally designed with High End Finishes inside & Out! Rich with Wood and Marble, La Cantina style doors, High Ceilings & built in architectural details throughout. Full size laundry room, 2 car garage & 2 car carport, AC, Tropical landscaping to enjoy the coastal vibes day or night, long private driveway with brick pavers set this home off the street. No HOA or Mello Roo's Fee's, Best Schools, Walk to the Beach and amazing local restaurants, This is the quality of life you have been waiting for!!!
| |||
| Nov 4, 2016 | Sold | ||
| Sold | |||
| Sep 14, 2016 | Listed by SDHOMES | $1,448,000 | |
| Listed by SDHOMES | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Encinitas
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Listed by: Louis Scotti, SDHOMES
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160050827
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160050827
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