1
Map
$475,000
●
Multifamily -
Off Market
4663 Majorca Way
Oceanside, CA 92056
2 Beds
2 Baths
1,444 Ft²
$733,818
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
1-story home in the wonderful Senior guard gated community of Ocean
Hills! Cul-de-sac location w/attached 1 car garage & carport. The
high vaulted open beamed ceilings in the living room & master give
the home a spacious feel. Features include new flooring & toilet,
F/P, shutters, indoor laundry & solatube. Relax or entertain on the
large private covered patio. Ocean Hills is the top active
retirement community in SD County w/18 hole golf course, pool,
tennis, clubhouse, etc. & only 3 miles to the beach! Neighborhoods:
Ocean Hills Country Club Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,444 Ft²
Days on Market
105 days
Land Size
0.10 acres
Price per sqft
$336
Property Type
Multifamily
Property Taxes
-
HOA Dues
$479
Year Built
1984
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Cap Rate Calculator
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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 #180016320)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2018 | Sold | ||
| Sold | |||
| Mar 30, 2018 | Listed by Realty Executives REALTORS | $485,000 | |
| Listed by Realty Executives REALTORS | |||
Property Highlights
Fireplace
Parking Details
Has Garage
Parking Features: Driveway
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: BedroomOnMainLevel, MainLevelPrimary
Appliances: Dishwasher, Gas Cooktop, Microwave
Laundry Features: See Remarks
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1444
Year Built: 1984
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Covered
Pool Features: Community
Lot Size Area: 4417
Lot Size Units: Square Feet
Lot Size Acres: 0.1
Lot Size Square Feet: 4417
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Location Details
HOA Fee: $479
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/30/2018
| |
2 Bed
|
2 Bath
|
1444 ft²
|
$485,000
2 Bed
2 Bath
1444 ft²
|
$475,000
-2.06%
07/13/2018
|
Cristine Clark
Realty Executives REALTORS
|
Building Info
About Ocean Hills
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Listed by: Cristine Clark, Realty Executives REALTORS
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180016320
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180016320
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