$1,400,588
●
House -
Off Market
1405 Schoolhouse Way
San Marcos, CA 92078
7 Beds
4 Baths,
1
Half Bath
4,100 Ft²
$2,130,031
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
#IN ESCROW BEFORE MLS INPUT# STUNNING gem in highly desirable gated
Westcliffe...an entertainers' dream home. Enjoy panoramic
OCEAN & MOUNTAIN VIEWS. California lifestyle of indoor/outdoor
living w/ a custom ocean view deck spanning the length of the back
of the home. Below the deck is your outdoor living w/ built-in
infrared heaters & custom chef's BBQ. Unwind in your resort-style
salt water pool/spa w/ grotto & water features. Gorgeous interior
upgrades incl. La Cantina doors. Owned Solar. A Must See! The
STUNNING gem you have been waiting for, sitting atop San Elijo
Hills in highly desirable gated WestCliffe... an entertainers' dream home! Enjoy panoramic OCEAN & MOUNTAIN VIEWS ! This
home boasts 4100sf, 5 bedrooms/4.5 baths (incl. a downstairs
bedroom/full bath), downstairs office and spacious second story
loft/game room plus master retreat with 3 car garage offering
plenty of storage. Enjoy the California lifestyle of
indoor/outdoor living with a custom ocean view deck spanning the
length of the back of the home. Below the deck is your fully
equipped outdoor living room with 4 built-in infrared heaters,
surround in-ceiling speakers and a custom chef's BBQ island with
high-end Bull appliances, faucet and ice cooler. Unwind in your
resort-style salt water pool featuring a grotto with separately
controlled water features including multiple waterfalls, over-sized
baja shelf, outdoor speakers camouflaged into the rock, plus a
built-in swim-up table with pool seating! Every room in the
house facing your incredible view has access to the outdoor living
space with the addition of 8 French and La Cantina style doors
upstairs and down...truly amazing! Some of the interior
features include a gourmet kitchen with high-end stainless steel
appliances, white cabinetry and granite counters, master bath
remodel with deluxe spa shower including 4 body massage spray jets
& rainfall shower head, sunken Jacuzzi brand bathtub, travertine
tile and so much more! This incredib...
Unit Size
4,100 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$353
Property Type
House
Property Taxes
-
HOA Dues
$166
Year Built
2002
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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 #190033526)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 18, 2019 | Listed by Keller Williams Realty | $1,449,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About San Marcos
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Listed by: Nicolas Jonville, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190033526
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190033526
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