1679 Palomar Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2025 | Price Decreased |
$899,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
| May 17, 2025 | Listed | $950,000 | |
| Listed | |||
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Updated single-story home in the heart of San Marcos! NEW ROOF, ALL NEW WINDOWS AND SLIDING DOORS, NEW HEATING AND AC! EXTREEMLY LOW SOLAR AND TWO YEAR OLD SPARKLING POOL! OVER 200K IN UPGRADES. Major systems have been recently updated giving peace of mind to the new owner. This 4-bedroom, 2-bathroom home also has an updated kitchen with new soft close cabinets and quartz counter tops, both bathrooms have been updated with new flooring through out and a water treatment system. Enjoy a spacious, low-maintenance yard featuring a sparkling pool, relaxing spa, garden space, and a Trex deck – perfect for everyday outdoor living and room for RV or Toys!! The primary suite opens directly to the backyard, offering a peaceful retreat. Located just minutes from top-rated schools, shopping, and parks, this home is ideal for families or those looking to downsize without compromise. Nearly everything has been done – just move in and enjoy!
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| Jan 20, 2024 | No longer available | - | |
| No longer available | |||
| Jan 12, 2024 | Listed by Redfin Corporation | $849,900 | |
| Listed by Redfin Corporation | |||
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Updated single-level POOL home with an attached two-car garage with extra storage above located within the highly desirable community of Vallecitos in San Marcos. This amazing residence features leased solar, a new roof, neutral paint and trim, updated furnace and central AC, a cozy fireplace, whole home water softener and water clarifications system, updated bathrooms, newer security and double front door, attic ladder, and durable flooring throughout. High ceilings with dual pane windows and newer double pane slider glass doors bask the home in an abundance of natural light. A beautifully appointed kitchen with all new stainless-steel appliances, quartz countertops, and modern cabinetry with soft close hinges. The spacious primary suite offers exterior patio access, a walk-in closet, and its own en-suite bathroom. Outdoor living has been extended to the large backyard with thoughtfully designed hardscape including a sparkling pool installed in 2022 and recently serviced above ground spa, a deck, and low maintenance landscaping including artificial turf and drain, making it perfect for entertaining. Conveniently located, just minutes away from parks, great schools, shopping, dining, golf amenities, Highway 78, Interstate 15, plus so much more. Extremely low HOA and No Mello Roos! Don’t let this opportunity pass you by! The manager has listed the unit size as 1515 square feet.
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| Aug 8, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017