$815,000
●
House -
Off Market
2621 Fallsview
San Marcos, CA 92078
6 Beds
3 Baths,
1
Half Bath
3,152 Ft²
$1,386,977
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
This fabulous home in Old Creek Ranch has been meticulously
maintained. Beautiful upgrades throughout. As you enter, you'll
enjoy the gorgeous Brazilian hardwood floors. The kitchen is a
chef's delight featuring a 6 burner gas cook top, built in wine
fridge, granite counter tops, lovely cabinetry, stainless
appliances, built in desk & center island. The backyard is an
entertainer's delight with a built in barbecue, outdoor fireplace,
fire pit with gorgeous glass, water feature & hot tub. See
remarks...... Neighborhoods: Old Creek Ranch...near San Elijo
Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
3,152 Ft²
Days on Market
111 days
Land Size
0.14 acres
Price per sqft
$260
Property Type
House
Property Taxes
-
HOA Dues
$90
Year Built
2005
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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: 5 months ago (SDMLS #160017059)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2016 | Sold | ||
| Sold | |||
| Mar 30, 2016 | Listed by HomeLife Village Realtors | $819,900 | |
| Listed by HomeLife Village Realtors | |||
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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ft²
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HOA + Taxes
About University Commons
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Listed by: Mary Frolander, HomeLife Village Realtors
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160017059
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160017059
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