$640,000
●
House -
Off Market
534 Echo Lane
San Marcos, CA 92078
4 Beds
3 Baths
2,971 Ft²
$1,187,442
RealtyHop Estimate
75.92%
Since Mar 1, 2016
National-US
Primary Model
About This Property
FHA & VA Welcome! Move in ready! Very well maintained home that
contains 2 a/c units, has its own laundry room, has chef style
kitchen, tile & carpet floors. Features a fireplace in family room,
3 car garage, 2 story home, almost 3,000 sqft. Great for
entertainment easy transition from family/living rooms into the
backyard patio, pool & spa. Enjoy the amazing mountain views! Home
is walking distance from CSU San Marcos. Very close to shopping
centers, parks, schools & easy freeway access. A Must See!!!
Neighborhoods: Esperanza at Buenavida Equipment: Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: GSL
Unit Size
2,971 Ft²
Days on Market
93 days
Land Size
0.21 acres
Price per sqft
$227
Property Type
House
Property Taxes
-
HOA Dues
$110
Year Built
2001
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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 #150062285)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2016 | Sold | ||
| Sold | |||
| Nov 23, 2015 | Listed by Canvas Real Estate & Investmen | $675,000 | |
| Listed by Canvas Real Estate & Investmen | |||
| Oct 31, 2012 | Sold | ||
| Sold | |||
| Jul 30, 2012 | Listed by Keller Williams Realty | $499,000 | |
| Listed by Keller Williams Realty | |||
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Offering 4 full bedrooms (incl. 1 downstairs w/ full bath), pool/spa, premium carpet, custom paint throughout, family room fireplace, 3 car garage & private location on quiet street w/ views. Open floorplan w/cathedral ceilings & spacious kitchen w/ center island that opens up to the family room. The large lot is over 9000 sq.ft....no neighbors directly behind. This beautiful, Mediterranean-inspired home is a must see! [Supplement]: Private pool home with views located in the desirable, gated community of Buenavida. Low mello roos and HOAs. Conveniently located to CSUSM, Palomar College, Shopping, Biking/Hiking trails, I-78 and more. All info is believed reliable but not guaranteed & buyer shall satisfy themselves w/ property. Buyer to verify all information and sizes, incl.Sq.Ft. prior to removing contingencies. Room dimensions, sizes & sq. ft. are approximate.
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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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Type
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About San Marcos
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Listed by: Rossana Pestana, Canvas Real Estate & Investmen
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150062285
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150062285
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