$1,262,500
●
House -
Off Market
1488 Schoolhouse Way
San Marcos, CA 92078
5 Beds
2 Baths,
1
Half Bath
3,604 Ft²
$2,065,074
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model
About This Property
UNOBSTRUCTED PANORAMIC OCEAN/SUNSET/MOUNTAIN/CITY VIEWS in the
highly desirable gated community of WestCliffe in San Elijo Hills.
This entertainer's yard offers a saltwater/solar heated pool, spa,
firepit, playstructure & BBQ area. Open & spacious floorplan with a
first floor office w/built ins, large formal living & dining room
with ocean views, 2nd floor loft & balcony off master suite w/
commanding views. Light & bright with many upgrades. Chef's kitchen
is a delight & walk in pantry. 3 car garage! Neighborhoods: San
Elijo Hills Equipment: Garage Door Opener,Pool/Spa/Equipment Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
3,604 Ft²
Days on Market
70 days
Land Size
0.20 acres
Price per sqft
$359
Property Type
House
Property Taxes
-
HOA Dues
$166
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 #170028715)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $1,295,000 | |
| Listed | |||
| | |||
|
Contact Mary Maloney at 760-855-1424 for more information on this exquisite property.The manager has listed the unit size as 3604 square feet.
| |||
| Jun 2, 2017 | Listed by Hometown Realty | $1,295,000 | |
| Listed by Hometown Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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: Mary Simmons-Maloney, Hometown Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170028715
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170028715
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