$745,000
●
House -
Off Market
1829 Sheridan Way
San Marcos, CA 92024
5 Beds
3 Baths,
1
Half Bath
3,539 Ft²
$1,392,197
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
Spacious Old Creek Ranch/Mahogany home on large lot featuring 4
bedr + huge loft, 3.5 ba, near San Elijo Hills. Desirable features
thr/out incl. stone-like tile & premium laminated wood flooring (no
carpet), gourmet granite kitchen w/ island & st steel appliances, 2
fireplaces (dining & family room), downstairs master bedroom,
dramatic high ceilings & more! The spacious yard is very private
w/no neighbors behind (they are far above), large patio, fruit
trees & lush landscaping. 2 car garage + huge storage
Neighborhoods: Old Creek Ranch-near San Elijo H Complex Features:
,,, Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL,RSLP,SSLP
Unit Size
3,539 Ft²
Days on Market
66 days
Land Size
0.22 acres
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
$90
Year Built
2008
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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 #140019461)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 17, 2014 | Sold | ||
| Sold | |||
| Apr 12, 2014 | Listed by Keller Williams Realty | $749,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About University Commons
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Listed by: Nicolas Jonville, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140019461
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140019461
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