Listed by: Torrey Grimes, Keller Williams Realty San Diego North Inland
$765,000
●
House -
Off Market
261 Sorrel Tree Pl
Oceanside, CA 92057
3 Beds
2 Baths
1,100 Ft²
$3,883
Est. Monthly
$200
HOA / Fees
6.08%
Cap Rate
About This Property
Welcome to this beautifully updated home located in the San Luis
Rey community of Oceanside, CA. This charming property features
three bedrooms and two fully updated bathrooms, along with a
modern, fully updated kitchen. The living area boasts a cozy
fireplace, and the spacious backyard patio is fully concreted with
a raised bed area for plants, making it perfect for low maintenance
and gardening enthusiasts. Ceiling fans in all rooms and tile
flooring throughout the home add to the comfort and appeal. As part
of the Murray Mission HOA, residents enjoy a variety of amenities,
including a refreshing pool and spa. The HOA fee also covers
front yard maintenance, regular landscaping, and maintenance of
common areas, ensuring a beautifully maintained environment.
Security services are provided for a safe living environment. The
pool is only a three-to-five-minute walk from the house, with
walking trails accessible in the cul-de-sac. Additionally, this
home is conveniently located close to Camp Pendleton and Highway
76, with shopping centers just a few minutes away. This home is a
perfect choice for modern living.
Unit Size
1,100 Ft²
Days on Market
41 days
Land Size
0.09 acres
Price per sqft
$682
Property Type
House
Property Taxes
-
HOA Dues
$200
Year Built
1986
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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: 3 years ago (CRMLS #SW24147507)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Listed by Keller Williams Realty San Diego North Inland | $749,900 | |
| Listed by Keller Williams Realty San Diego North Inland | |||
Property Highlights
Garage
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
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Type
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Baths
ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Luis Rey
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Listed by: Torrey Grimes, Keller Williams Realty San Diego North Inland
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24147507
Last Updated: 3 years ago
Data Source: CRMLS, MLS# SW24147507
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