1283 Avenida Fragata
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | Listed by North Compass Realty | $1,099,000 | |
| Listed by North Compass Realty | |||
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Located in the sought-after Santa Fe Hills neighborhood of San Marcos, this 5 bedroom, 3 bath home offers 2,105 est.sq.ft. of living space, a 2-car garage, and an approx. 4,746 sq.ft. lot - providing incredible value and plenty of room for families or those needing extra space. The home has been updated inside and out with a freshly painted interior and exterior, new carpet, and a backyard with brand-new sod, making it truly turnkey and move-in ready. The open floor plan ensures a seamless flow between the living, dining, and kitchen areas, perfect for both daily living and entertaining. Downstairs boasts a bedroom and full bathroom, while upstairs has 4 more bedrooms and 2 more bathrooms. The primary suite includes a spa-like bath, dual sinks and walk-in closet. Enjoy cooking in the kitchen with ample countertop and cabinet space, s/s appliances and LVP flooring throughout the first floor. Step outside to enjoy beautiful sunset views from the backyard, complete with a built-in outdoor BBQ, perfect for hosting gatherings or relaxing evenings outdoors. Conveniently located near Las Posas Park Pool, community parks, and Grand Plaza Shopping Center, this home offers ultimate convenience. Plus, it’s close to top-rated schools - Paloma Elementary, San Marcos Middle, and Mission Hills High, and just minutes from Palomar College and CSUSM. This home blends comfort, practicality, and a prime location in a welcoming community. No HOA and low Mello-Roos. Buyers and buyer’s agent to verify all in MLS prior to COE.
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| Mar 11, 2014 | Sold | ||
| Sold | |||
| Dec 6, 2013 | Listed by Loree Nichols & Associates | $504,900 | |
| Listed by Loree Nichols & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017