1601 San Remo Place

1601 San Remo Place #101

D

Encinitas, CA 92024

$1,100,000

Soft Appraisal Value: $1,085,600 · 1.3% above estimate

Beds

1

Baths

1.5

Sqft

940

Year Built

2024

Days on Market

110

Property Type

Condo

HOA/mo

$485

MLS ID

NDP2511479

Description

Great Price Improvement!!! Fox Point Farms stands as a charming blueprint for future communities, showcasing thoughtfully designed homes, regenerative landscapes, and a lifestyle centered on meaningful connections, harmony with nature, and holistic well-being. Guided by the principle of enhancing overall quality of life, this community offers a serene retreat just minutes from the gorgeous beaches of Encinitas. Within this beautiful setting, you'll find a lovely 1-bedroom residence featuring an ensuite bathroom and a convenient powder room, perfectly situated near the inviting first-floor living area. The kitchen is a chef’s dream, equipped with an upgraded JennAir appliance package, including a 30" range and a stylish canopy hood, complemented by a 36" counter-depth French door refrigerator. Elegant shaker cabinetry with roll-out shelves and soft-close hinges adds both charm and practicality. Water is essential, and the home offers reverse osmosis and soft-purified water, complemented by a paid solar system for energy efficiency. The space feels fresh, clean, and completely relaxing, inviting you to unwind and enjoy every moment.

Mortgage Calculator

Est. Monthly Payment

$7,468

Principal & Interest$5,562
Property Tax$1,100
Insurance$321
HOA$485
%($220,000)
%

Investment Score

0D
Est. Monthly Rent
$2,955
Monthly Cashflow

Rent − PITIA

$-4,513
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,110

Mortgage (P+I)
$5,562
Cap Rate
-0.60%
Cash-on-Cash
-33.32%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$10,889

NOI (Annual)
$-6,568
Price-to-Rent

Lower = better for investors

31.0

* 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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