$607,500
●
House -
Off Market
1187 Los Corderos
San Marcos, CA 92078
3 Beds
2 Baths
1,668 Ft²
$872,139
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model
About This Property
Amazing end of cul-de-sac location with mountain views.
Private and peaceful with large yard/common area (both sides
of home, maintained by HOA). Largest model with 3 bedrooms, 2
baths, vaulted ceilings, bright and sunny. New paint, and new
carpeting in LR, dining and master. Wet bar and seating area for
entertaining. Extra sq ft possibility. Walking distance to
Lake amenities; boating, fishing, kayaking, tennis, paddle board,
pools, billiard room and more. 24 Hour Security included.
55+ Community. Neighborhoods: Hunter Valley Equipment:
Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
1,668 Ft²
Days on Market
61 days
Land Size
-
Price per sqft
$377
Property Type
House
Property Taxes
-
HOA Dues
$340
Year Built
1978
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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 #200020527)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2022 | No longer available | - | |
| No longer available | |||
| Jun 13, 2022 | In contract | - | |
| In contract | |||
| May 19, 2022 | Listed by Hometown Advantage | $986,500 | |
| Listed by Hometown Advantage | |||
| | |||
|
This home has it all! The moment you arrive you will notice the privacy and views that are only available with this location. Tall vaulted ceilings and the abundance of windows allow so much sunlight into the home. The recently renovated kitchen which flows into the family room allow for large gatherings. This home feels so much larger than the square footage! Meticulously maintained it is ready for you to begin enjoying the lifestyle so loved here in Lake San Marcos. Walking distance to Lake amenities; boating, fishing, kayaking, tennis, paddle board, pools, billiard room and more. 24 Hour Security included. Lives like a single family detached home. The ownership is condo so you don't have to maintain anything but the inside. The community maintains your front yard, exterior of house, roof etc. Get ready to enjoy the resort lifestyle here at Hunter Valley in Lake San Marcos. The manager has listed the unit size as 1668 square feet.
| |||
| Jul 6, 2020 | Sold | ||
| Sold | |||
| May 5, 2020 | Listed by Lake and Coast Real Estate | $629,000 | |
| Listed by Lake and Coast Real Estate | |||
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 Lake San Marcos
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Listed by: Elaine Drake, Lake and Coast Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200020527
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200020527
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