1601 San Remo Place
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1601 San Remo Place #101

D

Encinitas, CA 92024

$1,090,000
NEW — 5d

Soft Appraisal Value: $1,074,300 · 1.5% above estimate

Beds

1

Baths

1.5

Sqft

940

Year Built

2024

Days on Market

5

Property Type

Condo

HOA/mo

$385

MLS ID

NDP2604950

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

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About This Property

Welcome home to 1601 San Remo Place Unit 101 in the highly coveted, highly desirable Fox Point Farms community of Encinitas! This stunning corner unit 1 bedroom, 1 1/2 bath 940 square foot townhome features a bright and open concept living experience.  Upgrades galore throughout the property make this truly a turnkey home.  Smart home compatible, fully owned solar, lots of windows, spacious private patio, and a 1-car garage with direct access to the home. Fox Point Farms is a thoughtfully designed “agrihood" and lifestyle cultivating community with neighbors and friends through agriculture, local artisans, food, and amenities. Featuring a 3-acre organic farm, Fox Point Brewing Company, Fox Point Roasters, HAVEN Farm + Table restaurant, Harvest Market, community gardens, a new clubhouse with pool, fitness center, golf simulator, and so much more. Steps from your front door you can enjoy yoga, breakfast, lunch or dinner, and watch the sun rise or set over the ocean with a fresh cup of coffee or a beer, all created right there in your own community.  Plus, close proximity to beaches, shopping, dining and everything that the Encinitas lifestyle has to offer. Come make 1601 San Remo Place #101 your new home!

Mortgage Calculator

Est. Monthly Payment

$7,305

Principal & Interest$5,512
Property Tax$1,090
Insurance$318
HOA$385
%($218,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$2,484
Monthly Cashflow

Rent − PITIA

$-4,821
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,300

Mortgage (P+I)
$5,512
Cap Rate
-0.87%
Cash-on-Cash
-34.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.34
Break-even Rent
$10,666

NOI (Annual)
$-9,464
Price-to-Rent

Lower = better for investors

36.6

* 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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