$482,000
●
House -
Off Market
1002 Mar Vista Dr
Vista, CA 92081
3 Beds
1 Bath
1,400 Ft²
$715,280
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
RARE opportunity to own almost 1 acre of flat and usable property
in rural Vista.This sun-kissed property features a single story
house and separate guest quarters that includes a bath. Rear access
from either side of home is great for trailers. Yard has arena, 2
box stalls, dog kennel, storage sheds, and fully fenced and gated,
plenty of room for parking. South facing yard is perfect for
gardening-your own Farmer's market. Endless possibilities, great
remodeling potential, or build your own dream home. Neighborhoods:
Vista Equipment: Range/Oven, Shed(s) Other Fees: 0 Sewer:
Sewer Connected Topography: LL,GSL
Unit Size
1,400 Ft²
Days on Market
32 days
Land Size
0.92 acres
Price per sqft
$321
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 13 months ago (SDMLS #170050798)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 4, 2020 | Price Decreased |
$589,900
↓ $60K
(9.3%) | |
| Price Decreased | |||
| Oct 1, 2020 | In contract | - | |
| In contract | |||
| Oct 1, 2020 | Price Increased |
$650,000
↑ $60K
(10.2%) | |
| Price Increased | |||
| Sep 23, 2020 | Listed | $589,900 | |
| Listed | |||
| | |||
|
Rarely available single-story home on a flat/usable lot, just shy of an acre in the desirable Mar Vista neighborhood! Looking to build an ADU? Have livestock? Looking for a home with income potential? This property has a ton of potential! This home offers new vinyl plank flooring throughout & a newly renovated kitchen. The main home offers 2 bedrooms & 1 full bath, and the 3rd bed/full bath is attached but accessible from its own entrance (just add a kitchenette & it would make for a great granny flat)! The manager has listed the unit size as 1400 square feet.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Vista
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Listed by: Ruth Broom, Coldwell Banker Res Brokerage
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 170050798
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 170050798
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