$420,000
●
House -
Off Market
1176 Los Corderos
San Marcos, CA 92078
2 Beds
2 Baths
1,305 Ft²
$836,248
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
Elegant single story home located on a quiet cul-de-sac street in
popular Hunter Valley. Formal living room with dramatic vaulted
ceiling and fireplace. Dual pane windows and sliding glass doors.
The eat-in kitchen: beautiful granite slab counters, custom
lighting and stainless steel appliances. The inviting master suite
and updated bath: granite slab counters, dual sinks and vaulted
ceiling (bedroom area). Private location backs to greenbelt. New
furnace installed in December 2013. Neighborhoods: Lake San Marcos
Hunter Valley Complex Features: ,,, Equipment: Range/Oven
Other Fees: 48 Sewer: Sewer Connected Topography: LL
Unit Size
1,305 Ft²
Days on Market
71 days
Land Size
-
Price per sqft
$345
Property Type
House
Property Taxes
-
HOA Dues
$318
Year Built
1978
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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 #140020217)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2020 | Sold | ||
| Sold | |||
| Jul 3, 2020 | No longer available | - | |
| No longer available | |||
| Jul 2, 2020 | Listed by Pacific Sotheby's Int'l Realty | $545,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| | |||
|
Lake San Marcos beauty in the 55+ community of Hunter Valley. Property has been meticulously maintained with recent updates: new flooring, granite counters, kitchen appliances, bath enclosures and an enclosed four season patio room - which adds additional sqft to the total living space. Mature landscaping, over-sized garage with lots of storage and epoxy flooring. Lake San Marcos has a variety of activities for all to enjoy. Close to shopping, dining, community activities, movies, freeway access and more. This turnkey home has over $11,000 of interior updates that the owner have done since they purchased/moved in - 4 years ago. LAKE SAN MARCOS community is known for its active lifestyle: 2 golf courses, one main course and another executive course which are both well maintained and fun to play. There are restaurants: Decoy, Tap Room and St Marks golf course dining. Enjoy boating on the lake, community activities, social events, shopping and not even leave your community. This home has a low HOA in which the full exterior of the home, roof and gardening is maintained by the association...what more could you ask for. This is a move-in ready home for any seasoned individual looking to continue that busy/active lifestyle and enjoy all that this community has to offer.. Neighborhoods: Hunter Valley Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Jun 30, 2020 | Price Decreased |
$545,000
↓ $30K
(5.2%) | |
| Price Decreased | |||
| Jun 17, 2020 | Listed | $575,000 | |
| Listed | |||
| | |||
|
Well located near Lake San Marcos in Hunter Valley, a 55+ community. Recently updated with newer flooring, granite countertops, kitchen appliances and a fully enclosed four season patio room (adding approx. 250 additional sq ft not included in public records). Vaulted ceilings. Master bath has a soaking tub. Nicely landscaped. Oversized garage with built-in storage and work bench. Room for a golf cart. Enjoy all that Lake San Marcos offers including nearby dining, shopping, boating and more. The manager has listed the unit size as 1305 square feet.
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Property Highlights
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lake San Marcos
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Listed by: Sandy Lund, The Lund Team, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140020217
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140020217
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