932 Stratford Drive
1 / 20

932 Stratford Drive

D

Encinitas, CA 92024

$2,375,000

Soft Appraisal Value: $2,396,600 · 0.9% below estimate

Beds

3

Baths

2

Sqft

1,368

Year Built

1955

Days on Market

8

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604598

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

Virtual Tour

About This Property

There’s a well-known saying in real estate: location, location, location — and this home truly delivers. Ideally situated west of I-5 in the highly sought-after Encinitas Highlands neighborhood, this charming single-level home offers 3 bedrooms, 2 bathrooms, and sits on an elevated nearly ¼-acre lot. Recent improvements include interior and exterior paint, new fencing, new windows, ceiling and underfloor insulation, new interior doors and hardware, plus beautifully upgraded paver driveway and walkways. The home also features an indoor laundry area for added convenience. Filled with character and timeless appeal, the property showcases original hardwood floors, an expansive covered front porch, a private front yard, and a huge flat backyard with more than 25 mature fruit trees, native landscaping, and a new garden shed. Whether you choose to move right in and enjoy it as-is or renovate and expand the existing 1,368 square feet, or add an ADU, the possibilities are endless. Experience true coastal Encinitas living just blocks from the beach, historic Coast Highway 101’s trendy shops and restaurants, renowned North County surf spots, the Coaster station, Scripps Memorial Hospital, and the Coastal Rail Trail. Encinitas is also known for its award-winning school district, abundant shopping and dining options, and convenient access to Interstate 5.

Mortgage Calculator

Est. Monthly Payment

$15,077

Principal & Interest$12,009
Property Tax$2,375
Insurance$693
%($475,000)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$5,323
Monthly Cashflow

Rent − PITIA

$-9,754
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,958

Mortgage (P+I)
$12,009
Cap Rate
-0.48%
Cash-on-Cash
-32.74%
DSCR

Need ≥ 1.25 for DSCR loan

0.35
Break-even Rent
$22,151

NOI (Annual)
$-11,381
Price-to-Rent

Lower = better for investors

37.2

* 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.

Get Expert AnalysisOpen Full Calculator