410 Pipes Lane
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410 Pipes Lane

C

Encinitas, CA 92024

$1,775,000

Soft Appraisal Value: $1,727,400 · 2.8% above estimate

Beds

4

Baths

2.5

Sqft

1,720

Year Built

2005

Days on Market

44

Property Type

Single Family

HOA/mo

$255

MLS ID

NDP2604075

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

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About This Property

Located less than a mile from the beach, this freshly updated home on a quiet cul-de-sac is the essence of easy coastal living in Encinitas. Charming Spanish details and a freshly landscaped entrance capture you immediately. Open floor plan with high ceilings and a stylish kitchen with stainless steel appliances and views to the lush backyard. Four upstairs bedrooms allow for great separation of space along with updated bathrooms that strike the perfect balance between luxury and everyday livability. Outside, the private patio is ideal for relaxing or hosting, and the easy to maintain turf yard offers plenty of flexibility. An oversized two car garage makes this home the complete package. "Beach Street" is a private, friendly community of 36 detached homes and welcoming to all ages. Just a short walk or bike ride to downtown Encinitas, D-Street Park, Encinitas library and some of the area’s best surf spots, 410 Pipes Lane is tough to beat!

Mortgage Calculator

Est. Monthly Payment

$11,523

Principal & Interest$8,975
Property Tax$1,775
Insurance$518
HOA$255
%($355,000)
%

Location

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Investment Score

9D
Est. Monthly Rent
$6,951
Monthly Cashflow

Rent − PITIA

$-4,572
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,650

Mortgage (P+I)
$8,975
Cap Rate
0.90%
Cash-on-Cash
-25.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$16,886

NOI (Annual)
$15,901
Price-to-Rent

Lower = better for investors

21.3

* 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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