$845,000
●
House -
Off Market
1583 ARCHER RD
San Marcos, CA 92078
4 Beds
3 Baths
2,876 Ft²
$1,285,823
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Seller will entertain offers between $800,00 - $850,000. This
beautiful 4 bedroom/3 bath+Loft(1 bed/full bath down), 3 car garage
is located within walking distance of San Elijo Hills town center
and schools. Home is light and bright , high ceilings, open
floor plan, gourmet kitchen w/granite counter & breakfast nook.
Dual zone A/C. Large private back yard. Jack-n-Jill
bath room and Jacuzzi bathtub Neighborhoods: San Elijo Hills
Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: RSLP,GSL,
Unit Size
2,876 Ft²
Days on Market
58 days
Land Size
0.18 acres
Price per sqft
$296
Property Type
House
Property Taxes
-
HOA Dues
$80
Year Built
2002
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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 #180042203)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2023 | No longer available | - | |
| No longer available | |||
| Aug 29, 2023 | In contract | - | |
| In contract | |||
| Aug 17, 2023 | Price Decreased |
$1,549,900
↓ $45K
(2.8%) | |
| Price Decreased | |||
| Aug 1, 2023 | Listed by Redfin Corporation | $1,595,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Pristine home located in the heart of the desirable San Elijo Hills community. This home offers newer contemporary finishes, many green features, and a beautiful gourmet kitchen. Enter to vaulted ceilings and an open floor plan. Shuttered windows allow the interior to be bathed in soft, warm natural light. The well-proportioned chef’s kitchen, open living and dining area, and an adjacent back patio offer the perfect venue for entertaining. The kitchen was upgraded in 2020 to offer a full suite of Kitchen Aid appliances, an abundance of crisp, white cabinetry, gorgeous quartzite countertops accented by a subway tile backsplash, under-cabinet lighting, and a generous center island for gathering with loved ones. One bedroom and full bathroom on the main level of the home will make guests feel welcome. The manager has listed the unit size as 2876 square feet.
| |||
| Sep 27, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About San Marcos
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Listed by: Gregory Godwin, Realty Source, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180042203
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180042203
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