$801,501
●
House -
Off Market
1611 Via Cancion
San Marcos, CA 92078
4 Beds
2 Baths
2,088 Ft²
$1,580,429
RealtyHop Estimate
92.74%
Since Mar 1, 2014
National-US
Primary Model
About This Property
Beautifully remodeled GATED ESTATE situated on 1.68 acre lot.
Single-story 4BR 2 Full Bath, attached 2 car garage with a detached
workshop/office or garage space with bath. Exceptional opportunity
for car collectors/contractors. 1.68 acre lot may be divided into
multiple lots. Spectacular kitchen with stainless-steel appliances
granite counter top, crown molding, beautiful pool, mature
landscaping throughout with fruit/avocado trees. No HOA, No Mello
Roos. Rare opportunity with lots more potential. Neighborhoods: San
Marcos Equipment: Pool/Spa/Equipment, Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL,GSL,SSLP
Unit Size
2,088 Ft²
Days on Market
56 days
Land Size
1.68 acres
Price per sqft
$393
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #130063882)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 5, 2014 | Sold | ||
| Sold | |||
| Dec 11, 2013 | Listed by Berkshire Hathaway HomeService | $820,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Mar 4, 2013 | Sold | ||
| Sold | |||
| Feb 2, 2013 | Listed by houserebate.com | $719,000 | |
| Listed by houserebate.com | |||
| | |||
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Gated estate fully remodeled single-story home with 4 bedrooms, 2 bathrooms and a refreshing pool on 1.68 acres. Home has been completed refurbished inside and out. Gorgeous kitchen with stainless-steel appliances, and granite countertops, New carpet, tile, paint, and crown molding throughout. New landscaping. Pool has new plaster and tile. There is detached office/workshop w/bath. The 1.68 acre lot may be divisible(see attachment). This is a contractors or car collectors dream. Parking for 20 cars Neighborhoods: San Marcos Equipment: Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL,SSLP Guest House Est. SQFT: 500
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Lake San Marcos
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Listed by: Naomi Shiraishi Cooper, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130063882
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130063882
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