$1,325,000
●
House -
Off Market
1403 SCHOOLHOUSE WAY
San Marcos, CA 92078
4 Beds
3 Baths,
1
Half Bath
3,442 Ft²
$1,977,137
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
ONE OF A KIND!! VERY RARE!! SINGLE STORY!! OCEAN VIEWS!! Stunning
home located on a gated cul-de-sac, highly upgraded w/hardwood
floors throughout, stunning pool and spa, chef kitchen, master with
glass doors out to pool/spa, spa inspired bath, walk in closet,
bonus loft and custom built-ins. This home delivers amazing views
from the highest west-facing point on Schoolhouse Way in
WestCliffe. Surrounded by miles of hiking trails, easy walk to San
Elijo Hills village shops & restaurants. Top rated schools!
This 4 bedroom single story offers amazing top of the world
views of mountains and ocean. Great sunsets! Highly upgraded home
with pool and spa.. Neighborhoods: San Elijo Hills Complex
Features: , Equipment: Garage Door Opener Other Fees: 0 Sewer:
Sewer Connected Topography: ,
Unit Size
3,442 Ft²
Days on Market
65 days
Land Size
0.23 acres
Price per sqft
$392
Property Type
House
Property Taxes
-
HOA Dues
$168
Year Built
2003
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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 #190036546)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2019 | Sold | ||
| Sold | |||
| Jul 2, 2019 | Listed by HomeSmart Realty West | $1,349,000 | |
| Listed by HomeSmart Realty West | |||
| Dec 15, 2015 | Sold | ||
| Sold | |||
| Nov 6, 2015 | Listed by Pacific Sotheby's Int'l Realty | $1,150,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
 | |||
|
Exceptional private cul-de-sac Location with unmatched views from the highest west-facing home on Schoolhouse Way. Panoramic Ocean views to San Clemente Island, La Jolla Cove, Mount Soledad, and the Batiquitos Lagoon. Experience ultimate unbridled luxury living in this most highly upgraded single-level home. Long-lasting and durable Pebble-Tech ® saline pool & spa combo, continuous solid maple hand-hewn flooring, stylish Fanimation ® ceiling fans, and stainless built-in appliances. Designed for entertain Neighborhoods: San Elijo Hills Equipment: Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Vacuum/Central Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Type
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ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About San Marcos
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Listed by: Travis McClain, HomeSmart Realty West
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190036546
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190036546
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