$1,490,000
●
House -
Off Market
1464 Schoolhouse Way
San Marcos, CA 92078
5 Beds
3 Baths,
1
Half Bath
3,708 Ft²
$2,142,353
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model
About This Property
IN ESCROW BEFORE MLS INPUT. Exclusive & rarely available
single-story living property in the gated community of WestCliffe @
San Elijo Hills! ENJOY BREATHTAKING PANORAMIC OCEAN VIEWS from this
stunning home in gated Westcliffe/San Elijo Hills. Gorgeous custom
remodel w/ designer style throughout! This home boasts a private
courtyard entry w/ fountain & expands over 3,700 Est SF, featuring
4 Bd + large 2nd story loft/3.5 Ba & LARGE ENTERTAINERS' LOT w/
back glass fencing to enjoy the views! Solar owned! SALE
PENDING, IN ESCROW BEFORE MARKET. Exclusive and rarely available
single-story living property (with Bonus loft on 2nd floor) in the
highly desirable gated community of WestCliffe at San Elijo Hills!
ENJOY BREATHTAKING PANORAMIC OCEAN VIEWS from this stunning home in
gated Westcliffe/San Elijo Hills. Gorgeous custom remodel with
designer style throughout! This home boasts a private courtyard
entry with fountain and expands over 3,700 square feet, featuring 4
bedrooms + large loft/3.5 baths & HUGE ENTERTAINERS' LOT (just over
12,000 SF) with back glass fencing to enjoy unobstructed panoramic
coastal views -- all the way out to San Clemente & Catalina
Islands! Equipped with Cantina folding doors that lead to the
expansive backyard and double French doors out to the private side
courtyard with built-in bbq, expansive patio with multiple covered
seating areas, firepit & BREATHTAKING VIEWS! The property has
received extensive remodeling over the last few years, including
hardwood flooring, kitchen and master bath, spacious custom loft
and so much more! The designer gourmet kitchen features newer white
custom cabinets and drawers with LED lighting, expansive stone
counter tops and center island and professional grade stainless
steel appliances (2 Miele dishwashers, farmhouse sink, Bosch double
oven/cooktop and microwave and built-in fridge). Extensively
remodeled bathrooms, extended loft, additional custom windows and
doors (including cantina doors) and so much more...
Unit Size
3,708 Ft²
Days on Market
5 days
Land Size
0.28 acres
Price per sqft
$400
Property Type
House
Property Taxes
-
HOA Dues
$160
Year Built
2003
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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 #200009079)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Feb 23, 2020 | Listed by Keller Williams Realty | $1,484,000 | |
| Listed by Keller Williams Realty | |||
| Jan 30, 2015 | Sold | ||
| Sold | |||
| Nov 29, 2014 | Listed by Coldwell Banker Res Brokerage | $899,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
 | |||
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Stunning and elegant best describe this rarely available single story floor plan in the gated enclave of Westcliff. Leave the stresses of the day behind as you enter the gated courtyard and hear the gentle sound of the fountain. As you enter this home, your eyes will be immediately drawn to the wall of windows in the living room. Through these windows you can enjoy an unobstructed panoramic ocean view. Many custom upgrades abound in this well maintained move in ready home. Neighborhoods: San Elijo Hills Complex Features: , Equipment: Dryer,Garage Door Opener, Range/Oven, Shed(s), Washer, Water Filtration Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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Property Highlights
Garage
Air Conditioning
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 San Marcos
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Listed by: Nicolas Jonville, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200009079
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200009079
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