$426,000
●
House -
Off Market
429 Placer Ave
San Marcos, CA 92069
3 Beds
2 Baths
1,092 Ft²
$696,665
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model
About This Property
This immaculate, beautiful 3 bedroom 2 bath single-story ranch
style house is waiting to be your home. Located on a quiet suburban
street, it's just 3 miles away from Restaurant Row, multiple
shopping centers, & only a mile and a half to the newly built
Mission Hills High & San Marcos Elementary schools. Recently
landscape remodeled both in the front & back, with a covered patio
& fire pit. Recently re-painted exterior, & dual pane glass and
fresh paint in nearly every room. Includes all appliances.
Neighborhoods: N/A Other Fees: 0
Unit Size
1,092 Ft²
Days on Market
45 days
Land Size
-
Price per sqft
$380
Property Type
House
Property Taxes
-
HOA Dues
$60
Year Built
1986
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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 #160063033)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 21, 2021 | No longer available | - | |
| No longer available | |||
| Nov 18, 2021 | In contract | - | |
| In contract | |||
| Nov 10, 2021 | Listed by Redfin Corporation | $669,900 | |
| Listed by Redfin Corporation | |||
| | |||
|
This is the one you have been waiting for! This desirable single-story home has been beautifully updated throughout and features vaulted ceilings, luxury vinyl plank flooring, cozy living room fireplace, open floor plan, and tons of natural light. The kitchen looks out into the living and dining area and has stainless steel appliances, granite countertops with a sit-in bar, and no lack of storage with new cabinets complete with pullout drawers. The primary bedroom has a large closet, and an updated attached bath. Additionally, both bathrooms have new vanities with stone countertops; there is a designated laundry room with extra storage and utility sink, and Low HOA fees. Private and low maintenance backyard is great for relaxing or entertaining with brick pavers, fire pit, large planter, artificial turf, and covered patio area. Move right in, you won’t have to do a thing. This is Southern California living at its best! The manager has listed the unit size as 1092 square feet.
| |||
| Jan 13, 2017 | Sold | ||
| Sold | |||
| Nov 29, 2016 | Listed by Martin Bennett, Broker | $414,900 | |
| Listed by Martin Bennett, Broker | |||
Property Highlights
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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: Martin Bennett, Martin Bennett, Broker
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160063033
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160063033
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