$725,000
●
House -
Off Market
3649 Merced Drive
Oceanside, CA 92056
5 Beds
3 Baths
3,006 Ft²
$1,222,579
RealtyHop Estimate
68.63%
Since Nov 1, 2016
National-US
Primary Model
About This Property
2-story, 5 b/r home in the desirable neighborhood of Summit at
Ocean Hills situated on an oversized private lot, hosting a
park-like setting & an entertainer's delight. Salt water pool/spa,
basketball court, built in BBQ, large gas fire pit, Pallapa w/
bar/mini fridge. Spacious interior with granite kitchen
counters, large master suite with walk in closet, high ceilings,
decorative iron fireplace doors, bedroom on 1st floor w/ full bath,
3 car garage w/attic above, vinyl fencing! A must see!!!
Neighborhoods: Ocean Hills-Summit Equipment: Garage Door
Opener,Pool/Spa/Equipment, Range/Oven, Satellite Dish, Shed(s)
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
3,006 Ft²
Days on Market
56 days
Land Size
-
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
$120
Year Built
1997
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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 #160046549)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 3, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2020 | Listed by Coldwell Banker Realty | $915,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Entertainers tropical Paradise! 5 BR home on .31 acre lot with Solar heated freeform 50 x 29 saltwater pool & spa! Rock formation Waterfall and slide!Sports Court with BB hoop! Built in BBQ! Palapa with bar and minifridge for poolside relaxing! Firepit & covered patio! New Carpet! Fresh paint! One bedroom & bath down! Kitchen offers an island & breakfast room! Fireplace in FR! AC upstairs, security system, soft water, epoxy floors. Entire home repainted in and out 2016. New pool heater June 2020. [Supplement]: Home has been beautifully maintained! All Pool equipment replaced within last 3 years including a brand new pool heater! Within Lake Elementary, Madison Middle School, and Rancho Buena High School boundaries. Close to Lake Sports Park, Convenient to shopping, restaurants, Shadowridge golf course! Must see this home to appreciate all it has to offer!
| |||
| Oct 17, 2016 | Sold | ||
| Sold | |||
| Aug 22, 2016 | Listed by RJ Campo Realty, Inc | $725,000 | |
| Listed by RJ Campo Realty, Inc | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Ocean Hills
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Listed by: Rod Campo, RJ Campo Realty, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160046549
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160046549
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