1050 Alexandra Lane

1050 Alexandra Lane

C

Encinitas, CA 92024

$1,949,000

Beds

3

Baths

2

Sqft

1,625

Year Built

2001

Days on Market

Property Type

Single Family

HOA/mo

$315

MLS ID

NDP2606741

This property is in Encinitas (92024). View neighborhood stats →

About This Property

PROFESSIONAL PHOTOS/VIDEO COMING SOON: Live the Encinitas lifestyle you’ve been dreaming about! Tucked away in one of the quiet, intimate enclaves within the highly desirable Encinitas Ranch community, this light and bright single story home offers an incredible combination of location, lifestyle and move in ready living. Views of the Encinitas golf course hills. With just 38 homes in this peaceful enclave off Quail Gardens Drive, you’ll feel tucked away from it all while remaining remarkably close to everything that makes Encinitas such an extraordinary place to live. Just 1.8 miles from the beach, you can be surfing, walking the shoreline, soaking up the sun or enjoying a sunset in minutes. Head the same distance west to iconic Coast Highway 101 for some of Encinitas’ best restaurants, coffee shops, boutiques, shopping and coastal energy. Even better, you’re a couple minutes walk from the incredible 50 acre Fox Point Farms community, where you can grab your morning coffee, shop the market, enjoy the brewery and restaurant, visit the apothecary, experience the working farm and enjoy one of Encinitas’ most unique lifestyle destinations. Outdoor recreation is all around you. Encinitas Ranch Golf Course is right across the street, while the extensive Encinitas trail system offers opportunities to walk, run, bike and explore the surrounding community. The world renowned San Diego Botanic Garden is also nearby, adding more than 30 acres of beautiful gardens and natural surroundings to an already exceptional location. Inside, abundant natural light and a fresh, inviting feel welcome you home. Feel free to leave your windows and doors open to enjoy a pleasant breeze that blows throughout the year. Recently refreshed throughout, the home features plank flooring, fresh interior paint, quartz countertops, stainless steel appliances, a new gas cooktop, new refrigerator, new dishwasher, updated faucets and hardware throughout, new light fixtures and recessed lighting, new bathtub and shower enclosures along with numerous additional improvements. Extensive power cleaning, professional window washing and refreshed landscaping help make this home truly ready to enjoy from day one. Central air conditioning keeps things comfortable year round. The single level floor plan offers the ease and convenience so many buyers are searching for, while the peaceful setting provides a welcome retreat at the end of the day. Beaches, restaurants, shopping, coffee, parks, schools, golf, trails, grocery stores, freeway access and everyday conveniences are all just minutes away. This is more than a home. It’s the Encinitas lifestyle. Start your morning with coffee at Fox Point Farms, hit the trails or play a round of golf, spend the afternoon at the beach, meet friends for dinner along the 101 and come home to your own peaceful retreat in Encinitas Ranch. Single story homes offering this combination of lifestyle, location and convenience are increasingly hard to find. Welcome home to 1050 Alexandra Lane.

Mortgage Calculator

Est. Monthly Payment

$12,688

Principal & Interest$9,855
Property Tax$1,949
Insurance$568
HOA$315
%($389,800)
%

Location

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Investment Score

5D
Est. Monthly Rent
$6,755
Monthly Cashflow

Rent − PITIA

$-5,932
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,110

Mortgage (P+I)
$9,855
Cap Rate
0.46%
Cash-on-Cash
-28.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$18,586

NOI (Annual)
$8,942
Price-to-Rent

Lower = better for investors

24.0

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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