$545,000
●
Condo -
Off Market
1508 Via Risa
San Marcos, CA 92078
2 Beds
2 Baths
1,222 Ft²
$783,755
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
One of Kind Upper Unit in Panorama! This 2 bedroom plus office/2
bathroom upper end unit condo has the most incredible views of Lake
San Marcos from the living area, office, kitchen, and master
bedroom! Two private decks, one directly off the master featuring
unobstructed lake views from end to end. Modern kitchen with
stainless steel appliances, full laundry area, 1 car garage and 2
full bathrooms with shower and tub. Great 2nd home with the option
to buy fully furnished with high quality items..
Neighborhoods: Panorama Complex Features: , Equipment:
Dryer,Garage Door Opener, Washer Other Fees: 0 Sewer:
Sewer Connected Frontage: Lake/River
Unit Size
1,222 Ft²
Days on Market
26 days
Land Size
15.48 acres
Price per sqft
$457
Property Type
Condo
Property Taxes
-
HOA Dues
$455
Year Built
1989
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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 #200020736)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2020 | Sold | ||
| Sold | |||
| May 7, 2020 | Listed by The Davidson Group Realty | $559,000 | |
| Listed by The Davidson Group Realty | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Guest
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Ceiling Fan(s), Recessed Lighting, Storage, Walk-In Closet(s), Balcony
Appliances: Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator
Flooring Type: Carpet
Laundry Features: Gas Dryer Hookup
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1222
Security Features: 24 Hour Security
Property Condition: Turnkey
Year Built: 1989
Levels: One
Construction Materials: Stucco
Pool Features: Community, Association
Lot Size Area: 674242
Lot Size Units: Square Feet
Lot Size Acres: 15.48
Lot Size Square Feet: 674242
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Golf Course, Game Room, Pool, Security, Guard
HOA Fee: $455
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/07/2020
| |
2 Bed
|
2 Bath
|
1222 ft²
|
$559,000
2 Bed
2 Bath
1222 ft²
|
$545,000
-2.50%
06/02/2020
|
Benjamin Humbert
The Davidson Group Realty
|
Building Info
About Lake San Marcos
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Listed by: Benjamin Humbert, The Davidson Group Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200020736
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200020736
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