Listed by: Jean Steinemann, Coldwell Banker West
$799,000
●
Condo -
Off Market
1526 Via Risa
San Marcos, CA 92078
3 Beds
2 Baths
1,339 Ft²
$4,459
Est. Monthly
$535
HOA / Fees
5.81%
Cap Rate
About This Property
Welcome to this stunning 3 bedroom, 2 bath condo in the coveted
Lake San Marcos community, offering panoramic views of the lake
from nearly every room. The spacious, open floor plan boasts
updated kitchen and baths, featuring granite countertops and
beautiful cabinets that complement the home's design. Enjoy
breathtaking views from the primary suite, kitchen and living area,
all of which lead out to the long deck perfect for soaking in the
lake breezes and scenic surroundings. Lake San Marcos is known for
it's exceptional amenities, including multiple tennis and
pickleball courts, 3 sparkling pools, a well equipped workout room,
and a clubhouse ideal for hosting events. The active community is
perfect for outdoor enthusiasts, offering opportunities to
paddleboard, kayak, and golf in a tranquil, picturesque
environment. Dining in the nearby Amalfi Restaurant, located right
on the lake, is a must, with delicious food and spectacular views.
Unit Size
1,339 Ft²
Days on Market
21 days
Land Size
-
Price per sqft
$597
Property Type
Condo
Property Taxes
-
HOA Dues
$535
Year Built
1989
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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: 2 years ago (CRMLS #NDP2410255)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Listed by Coldwell Banker West | $799,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Levels: One
Interior Features: All Bedrooms Up
Appliances: Dryer, Washer
Living Area Square Feet Source: PublicRecords
Laundry Features: Electric Dryer Hookup, Inside, Laundry Closet
None
Exterior Details
Year Built: 1989
Parcel Number: 2224600342
Home Type: Residential
Pool Features: Community, Association
Lot Size Source: PublicRecords
Utilities Details
Cooling Type: Central Air
Location Details
Association Amenities: Clubhouse, Sport Court, Dock, Golf Course, Lake Or Pond, Barbecue, Picnic Area, Paddle Tennis, Pickleball, Pool, Pet Restrictions, Recreation Room, Tennis Courts
Association Fee: $535
Association Fee Frequency: Monthly
Community Features: Curbs, Golf, Lake, Sidewalks, Water Sports, Pool
High School District: San Marcos Unified
Directions: RSF road to Camino del Arroyo to Hermosita to San Marino to Panorama
Other Details
Listing Terms: Cash, Conventional
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 |
|---|---|---|---|---|---|---|---|
|
11/23/2024
| |
3 Bed
|
2 Bath
|
1339 ft²
|
$799,000
3 Bed
2 Bath
1339 ft²
|
$799,000
12/16/2024
|
Jean Steinemann
Coldwell Banker West
|
|
07/27/2012
| |
3 Bed
|
2 Bath
|
1339 ft²
|
$319,900
3 Bed
2 Bath
1339 ft²
|
$327,500
+2.38%
10/08/2012
|
David Lepre
Professional Realty
|
Building Info
About Lake San Marcos
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Listed by: Jean Steinemann, Coldwell Banker West
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2410255
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2410255
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