1
Map
$680,000
●
House -
Off Market
1044 San Pablo Dr
San Marcos, CA 92078
3 Beds
2 Baths
1,842 Ft²
$965,214
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model
About This Property
Charming single level home on St Marks Golf Course in Lake San
Marcos. This light & bright two bedroom w/ additional optional
bedroom/office has tons of natural light, has been well maintained,
large backyard, big bedrooms, extended master w/ huge walk in
closet, drought tolerant landscaping, freshly painted, real
hardwood floors, newer furnace, & large sunroom. Close to
amenities, bars, restaurants, shopping, San Marcos High, Discovery
Elementary, & San Elijo Middle. No HOA/Mello roos fee! Live
like you're on vacation in Lake San Marcos this home includes
amenities through the Lake and Lodge at $427/year - two 18 hole
golf courses, two heated pools, tennis courts, pickle ball, paddle
boards/kayak rentals, billiards, gym, and a discount at the Lake
House Hotel. A great value and the best buy in Lake San Marcos..
Neighborhoods: Lake San Marcos Other Fees: 427 Sewer:
Sewer Connected Topography: LL
Unit Size
1,842 Ft²
Days on Market
46 days
Land Size
-
Price per sqft
$358
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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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: 4 months ago (SDMLS #190047595)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2019 | Sold | ||
| Sold | |||
| Aug 18, 2019 | Listed by Douglas Elliman of California | $659,000 | |
| Listed by Douglas Elliman of California | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Lake San Marcos
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Listed by: Michael Garner, Douglas Elliman of California
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190047595
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190047595
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