$329,000
●
House -
Off Market
1158 Avenida Azul
San Marcos, CA 92069
4 Beds
3 Baths
2,332 Ft²
$729,950
RealtyHop Estimate
115.32%
Since Jul 1, 2012
National-US
Primary Model
About This Property
CASH BUYERS ONLY. Investor dream. Must close by June 16, 2012! NOT
a short sale! Largely cosmetic repairs can make this a great flip
opportunity. Motivated seller offering this great location at
wholesale price. Recent home on street sold for $450,000. Buyer to
verify all information. Owners have not lived in home for years.
Occupants are motivated by sellers to move as soon as you can
close. Borders on a beautiful open space. No neighbors behind.
Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
2,332 Ft²
Days on Market
-
Land Size
-
Price per sqft
$145
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994
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Cap Rate Calculator
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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 #120027875)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2012 | Sold | ||
| Sold | |||
| Aug 17, 2012 | Listed by Harcourts Prime Properties | $454,999 | |
| Listed by Harcourts Prime Properties | |||
| | |||
|
Congratulations! You have found your new home. Located in the desirable neighborhood of Santa Fe Hills, this home sits on a huge, pool-sized, level lot. The home has been freshly painted, newly landscaped, has new flooring, granite countertops throughout, stainless steel appliances, downstairs bedroom with full bath, with a private backyard. NO HOA/low Mello Roos. [Supplement]: Note: Closet added to former Bonus room to make 5th bedroom. Tax records show 4 bedrooms. Additionally, the home has a downstairs bedroom and full bath. Backyard has been hydroseeded and has a new irrigation system. Grass will be growing soon! There is lots of privacy with an open space backyard and sits at the end of a cul-de-sac. Neighbors say it is a quiet, peaceful area.
| |||
| Jun 14, 2012 | Sold | ||
| Sold | |||
| Jun 1, 2012 | Listed by Keller Williams Realty | $339,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Marcos
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Listed by: Brian Flock, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120027875
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120027875
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