$905,000
●
House -
Off Market
1486 Schoolhouse Way
San Marcos, CA 92078
5 Beds
4 Baths,
1
Half Bath
4,302 Ft²
$1,602,000
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
A Must See, well-kept home that boasts of its light and bright
family room that features a fireplace, built-in surround sound &
large windows. The upstairs Master bedroom features TWO Master
Retreats that could be used as an office. The master bedroom also
enjoys the amazing views from the back of the home. The master
suite includes dual sinks, walk-in closet, a large soaking tub and
a separate shower as well as tile floors and recessed lighting.
Neighborhoods: San Elijo Hills Equipment: Garage Door Opener,
Range/Oven Other Fees: 0 Sewer: Sewer Connected
Unit Size
4,302 Ft²
Days on Market
196 days
Land Size
0.22 acres
Price per sqft
$221
Property Type
House
Property Taxes
-
HOA Dues
$166
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 #160017142)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2017 | Sold | ||
| Sold | |||
| May 3, 2017 | Listed by Vertical Real Estate Services | $1,175,000 | |
| Listed by Vertical Real Estate Services | |||
 | |||
|
Panoramic views, Gorgeous and Recently Remodeled. Call it [5] bedroom or [4] plus [home office/music room] This [sprawling California-style architect in [Elijo Hills] also has [4 baths, 3-car garage, family and formal dining areas, upstairs large entertainment center/sitting area, beautiful new Palapa]. You will be delighted by the [high ceilings and bright rooms flooded with natural light] as well as the many amenities for gracious living...the only thing modest is the price. Neighborhoods: San Elijo Hills Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Available, Sewer Connected Topography: LL
| |||
| Oct 13, 2016 | Sold | ||
| Sold | |||
| Mar 31, 2016 | Listed by Better Homes and Gardens | $950,000 | |
| Listed by Better Homes and Gardens | |||
Property Highlights
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: Robert Burton, Better Homes and Gardens
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160017142
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160017142
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