$435,000
●
House -
Off Market
509 Avenida Verde
San Marcos, CA 92069
3 Beds
2 Baths
1,390 Ft²
$794,385
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model
About This Property
Amazing single story home in Santa Fe Hills that features 1390 SF
and 3 bedrooms and 2 full baths. Original owner. Huge benefit to
this home along with the terrific condition is that the owner paid
the special assessment tax when she purchased the home meaning
there is no Mello Roos for this home. The home is incredibly clean
and has been meticulously taken care of. New paint and carpet
throughout the home. Brand new roof with warranty. Great view of
the mountains from the private backyard. Must see Neighborhoods:
Santa Fe Hills Equipment: Garage Door Opener, Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,390 Ft²
Days on Market
14 days
Land Size
0.10 acres
Price per sqft
$306
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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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 #140024519)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | Listed by Compass | $899,000 | |
| Listed by Compass | |||
| | |||
|
Rarely available SINGLE STORY VIEW HOME overlooking captivating mountain views in Santa Fe Hills! No HOA fees! Thoughtfully upgraded and showcases the perfect blend of charm and convenience. Highlights include updated LVP flooring, cabinets, windows, stylish shutters, primary ensuite bathroom shower, lighting, and low-maintenance lush artificial turf in both front and back yard. The open flowing single-level floor plan seamlessly integrates indoor and outdoor spaces, allowing you to enjoy stunning views through out. Additional noteworthy upgrades include new HVAC system in 2023 and new electrical panel in 2024! This home reflects great pride of ownership and is in a prime location, close proximity to Palomar College, Cal State San Marcos, schools, shopping, freeway, and more!
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 6, 2021 | In contract | - | |
| In contract | |||
| Apr 1, 2021 | Listed | $659,900 | |
| Listed | |||
| | |||
|
Situated in Santa Fe Hills sits this charming single story 3BR/2BA home on an elevated street. Vaulted ceilings through out makes this home feel very spacious along with allowing in an abundance of light. The kitchen has plenty of storage and counter space ready to bring out the chef in you. The kitchen sliding glass door lets in lots of natural light and offers you fantastic views to the surrounding hills and evening lights. Close to shopping and minutes from Palomar College and University of California San Marcos campus. The manager has listed the unit size as 1390 square feet.
| |||
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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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About San Marcos
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Listed by: Debi Krichbaum, Hometown Advantage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140024519
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140024519
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