$567,388
●
House -
Off Market
1251 Discovery St
San Marcos, CA 92078
4 Beds
2 Baths
1,897 Ft²
$881,047
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Single level golf course view home on the 15th Fairway at St. Mark
Golf Club. This home is ready for you to update!
Generously sized rooms plus a more recently built California
room. This portion of the course has beautiful mature trees
that grace the fairway. Enjoy oranges and lemons picked right
from your own established fruit trees in your yard. Imagine
enjoying your cup of tea or other beverage as you watch the golfers
roll by. Neighborhoods: Lake San Msrcos Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,897 Ft²
Days on Market
53 days
Land Size
0.16 acres
Price per sqft
$310
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968
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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 #190004849)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2020 | No longer available | - | |
| No longer available | |||
| Aug 24, 2020 | Price Decreased |
$814,000
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Aug 13, 2020 | Listed | $819,000 | |
| Listed | |||
| | |||
|
New listed!You don't want to miss this completely remodeled house throughout in! This single level golf course view home sits by the 15th Fairway at St. Mark Golf Club. This portion of the course has beautiful mature trees that grace the fairway. Come enjoy the open layout and generously sized rooms plus an oversize California room with breathtaking views and breeze. Enjoy oranges and lemons picked from your own established trees in yard. Imagine enjoying your coffee as you watch the golfers rolling by. The manager has listed the unit size as 1897 square feet.
| |||
| Dec 31, 2019 | No longer available | - | |
| No longer available | |||
| Nov 21, 2019 | Price Decreased |
$759,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
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Property Highlights
Garage
Fireplace
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: Lela Hankins, RE/MAX United
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190004849
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190004849
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