$565,000
●
House -
Off Market
505 Peach Way
San Marcos, CA 92069
4 Beds
2 Baths,
1
Half Bath
2,158 Ft²
$1,063,541
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model
About This Property
Recently remodeled home in desirable Twin Oaks Valley Ranch shows
like a model! Bright and spacious home located on a quiet dead end
street features vaulted ceilings, granite countertops, stainless
steel appliances, recessed lighting with a functional four bedroom
floor plan. Brand new upgrades including Wood-look Porcelain Plank
Flooring, Plantation shutters, Decorator Paint, Third-Car
Garage/Man Cave, Upgraded Electrical with New Fixtures, Master
Closet organizers, and Brand New Landscaping. Neighborhoods: Twin
Oaks Valley Ranch Equipment: Garage Door Opener, Range/Oven Other
Fees: 0 Sewer: Sewer Available Topography: LL
Unit Size
2,158 Ft²
Days on Market
28 days
Land Size
0.14 acres
Price per sqft
$264
Property Type
House
Property Taxes
-
HOA Dues
$40
Year Built
2000
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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 #140017841)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2014 | Sold | ||
| Sold | |||
| Apr 4, 2014 | Listed by Cal State Realty Services | $569,000 | |
| Listed by Cal State Realty Services | |||
| Jan 31, 2012 | Sold | ||
| Sold | |||
| Nov 20, 2011 | Listed by Triad Properties | $349,900 | |
| Listed by Triad Properties | |||
 | |||
|
HUGE PRICE REDUCTION 12/14....3 bedroom, 2.5 bath 2158sf floor plan plus a 3 car garage. Courtyard entry takes you to the front door which is set off the street and provides privacy. Master bedroom has a vaulted ceiling and large master bath with separate tub and shower. Separate dining room. Fireplace in living room and family room. Bonus room perfect for office or guest room. Good size patio and backyard for entertaining. Interior needs TLC. [Supplement]: Property has great potential - a renovation loan is a good option - check on 203K programs.
| |||
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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About San Marcos
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Listed by: Chris Murphy, Cal State Realty Services
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140017841
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140017841
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