$449,500
●
House -
Off Market
419 Placer Avenue
San Marcos, CA 92069
2 Beds
2 Baths
937 Ft²
$696,073
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model
About This Property
Situated in the heart of San Marcos lies this 2 bedroom 2 bathroom
937 square foot cottage with a Tuscan flair. Enjoy walking distance
to the Sprinter , local dining as well as the many attractions that
San Marcos has to offer. This home resides in a quiet neighborhood
with a big sized backyard, solar and stainless steel appliances.
Don't wait to book your next appointment this property wont last
long! Neighborhoods: San Marcos Equipment: Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
937 Ft²
Days on Market
54 days
Land Size
-
Price per sqft
$480
Property Type
House
Property Taxes
-
HOA Dues
$70
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: 4 months ago (SDMLS #180003558)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 12, 2020 | In contract | - | |
| In contract | |||
| Dec 8, 2020 | Relisted | $499,000 | |
| Relisted | |||
| Nov 15, 2020 | In contract | - | |
| In contract | |||
| Nov 8, 2020 | Listed | $499,000 | |
| Listed | |||
| | |||
|
Turn-key single level home with great curb appeal and located in a quiet neighborhood in the heart of San Marcos features a spacious floorplan, recessed lighting, dual pane windows, a custom paint scheme, and Solar Panels. The living room has vaulted ceilings and a fireplace. The kitchen offers wood cabinetry with lots of storage space, stainless steel appliances, and overlooks the dining area and living room. Both of the bedrooms feature lots of storage space and wood laminate flooring. The manager has listed the unit size as 937 square feet.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About San Marcos
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Listed by: Jeff Underdahl, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180003558
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180003558
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