$640,000
●
House -
Off Market
1279 San Pablo Dr.
San Marcos, CA 92078
3 Beds
2 Baths
1,544 Ft²
$946,657
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model
About This Property
If you are looking to build equity in this market, this home is the
one for you. There is so much potential in this sweet single-story
home nestled in the foothills of Lake San Marcos. It is easy to
imagine your new gourmet kitchen in this bright open floorplan.
If you like to entertain, you are going to love the 22x18
sunroom and private backyard. Newer roof and furnace. Be sure to
click on the attached video for a better view of the home and lot.
See the supplement below for community information. No HOA
fees or Mello-Roos. Residents can purchase a Lake & Lodge
membership with access to pools, tennis courts, billiards, paddle
boarding, kayaking, and sports equipment. There are also discounts
to the local resorts and restaurants. A golf membership is also
available that includes access to Club facilities and amenities..
Neighborhoods: Lake San Marcos Other Fees: 0 Sewer:
Sewer Connected Topography: LL,GSL
Unit Size
1,544 Ft²
Days on Market
98 days
Land Size
0.45 acres
Price per sqft
$405
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1971
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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 #180039317)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2018 | Sold | ||
| Sold | |||
| Jul 18, 2018 | Listed by Coldwell Banker Realty | $625,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
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: Christine Marshall, Coldwell Banker Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039317
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039317
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