687 Coast Highway 101
1 / 17

687 Coast Highway 101 #308

C

Encinitas, CA 92024

$1,188,000

Soft Appraisal Value: $1,155,500 · 2.8% above estimate

Beds

2

Baths

1

Sqft

997

Year Built

2010

Days on Market

46

Property Type

Condo

HOA/mo

$569

MLS ID

NDP2605088

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

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About This Property

Welcome to this exceptional two bedroom, one bathroom condo in the desirable Pacific Station complex situated within the beautiful beach and coastal community of Encinitas. At just under 1,000 sq ft, this top floor and south facing unit offers abundant natural light and unique privacy. Features include stained bamboo flooring, a custom kitchen with stainless appliances, a spacious bathroom, private patio and laundry. Additional highlights are two dedicated parking spaces and individual storage in a secure underground garage with close access to the unit. This village location is outstanding being situated in the heart of Encinitas Village with varied restaurants, shops, yoga/gym studios and a short walk to the beach. Pacific Station showcases modern architecture and contemporary design complete with cozy sitting areas, fire pits and landscaped breezeways offering the quintessential coastal California lifestyle

Mortgage Calculator

Est. Monthly Payment

$8,111

Principal & Interest$6,007
Property Tax$1,188
Insurance$347
HOA$569
%($237,600)
%

Location

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Investment Score

2D
Est. Monthly Rent
$4,287
Monthly Cashflow

Rent − PITIA

$-3,824
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,800

Mortgage (P+I)
$6,007
Cap Rate
0.21%
Cash-on-Cash
-29.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$11,820

NOI (Annual)
$2,484
Price-to-Rent

Lower = better for investors

23.1

* 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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