Listed by: Sharon Jenkins, Sharon Jenkins Real Estate
$1,100,000
●
House -
Off Market
1443 Palomar Drive
San Marcos, CA 92069
3 Beds
2 Baths
1,680 Ft²
$5,647
Est. Monthly
About This Property
Single level home meticulously remodeled and maintained.
Every room has been updated including kitchen and bathrooms
as well as the exterior. Newer roof, HVAC, and Tex Coat Cool
Life reflective exterior house paint. Newer 200 amp
electrical panel and seller even connected to the sewer system.
Incredible rear yard has been terraced to include a pool/spa and
gated access to drive to upper level workshop/two car detached
garage with plenty of additional parking. Plenty of room for
kids and family gatherings. NO HOA fees. This is it if
you're looking for a highly upgraded home with some outside space
ready for you to move right in. Walking distance to Knob
Hill Elementary, Woodland Park Middle, and Mission Hills High
schools. Local Sprinter train station close by for easy
transit access. Easy access to 78 + 15 freeway, CSUSM,
Palomar College, both Kaiser and Palomar hospitals, and the new
downtown developing at nearby North City.
Unit Size
1,680 Ft²
Days on Market
32 days
Land Size
0.36 acres
Price per sqft
$685
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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: 3 years ago (CRMLS #NDP2406666)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Aug 12, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by Sharon Jenkins Real Estate | $1,150,000 | |
| Listed by Sharon Jenkins Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About San Marcos
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Listed by: Sharon Jenkins, Sharon Jenkins Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# NDP2406666
Last Updated: 3 years ago
Data Source: CRMLS, MLS# NDP2406666
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