1
Map
$825,000
●
House -
Off Market
2805 Riachuelo
San Clemente, CA 92673
3 Beds
2 Baths
1,706 Ft²
$1,184,747
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
Welcome Home, this single-story home located in Forster Ranch
features 3 bedrooms and 2 bathrooms situated on a 9,600 sq.ft. lot
with a formal entry/living room with a fireplace, hardwood
flooring, high ceiling with many windows allowing natural light to
shine through. The kitchen is equipped with beautiful wood cabinets
and new kitchen appliances from stone counter tops, a peninsula
island with an electric built-in cook-top, plenty of cabinets
space, dual ovens and Italian stone tile flooring. Just steps away
from the kitchen is the dining area, offering access to the
spacious yard, a covered patio, perfect for outdoor dining, BBQ's
and entertaining. Built-in shed for storing outdoor gardening/yard
equipment. Master bedroom features sliding door access to back
yard, high ceiling with a private master bathroom, Jack and Jill
sinks, step in tile shower and bath tub. Two-car direct access
garage with new epoxy flooring, washer and dryer hook-up. This home
is a must see, with shopping centers to walk to, biking trails,
parks, easy access to highways and just a couple of miles from the
beach.
Unit Size
1,706 Ft²
Days on Market
87 days
Land Size
0.22 acres
Price per sqft
$495
Property Type
House
Property Taxes
-
HOA Dues
$90
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 (CRMLS #PW20066551)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | Listed by KAM Financial & Realty, Inc. | $845,000 | |
| Listed by KAM Financial & Realty, Inc. | |||
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
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Sold On
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HOA + Taxes
About Forster Ranch
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Currently no similar homes aroundNearby Rentals
Listed by: Samantha Thammavongsa, KAM Financial & Realty, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20066551
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PW20066551
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