$1,249,900
●
House -
Off Market
5556 Alethea
Oceanside, CA 92057
4 Beds
3 Baths,
1
Half Bath
3,209 Ft²
$6,542
Est. Monthly
$404
HOA / Fees
About This Property
This home is ready for a Quick Move-In and includes upgraded
backsplashes and flooring. A new two-story home that boasts a
spacious layout with four bedrooms, an office and inviting loft.
The office and one secondary bedroom are located near the entry,
and an open-concept floorplan with access to the California Room
combines the kitchen, living and dining areas for seamless
entertaining and multitasking. The owner's suite is tucked into a
private corner at the back of the home. Two additional secondary
bedrooms can be found upstairs near the loft. Mahogany is a
collection of new and spacious two-story homes now selling at the
North River Farms masterplan in Oceanside, CA. Select plans will
feature Lennar's signature Next Gen® suite, complete with a
separate entrance, living space, bedroom, bathroom, kitchenette and
laundry room. An extensive trail system weaves throughout the
community, and residents will enjoy access to onsite amenities,
including picnic areas, swimming pools, a fitness center,
pickleball courts and much more.
Unit Size
3,209 Ft²
Days on Market
103 days
Land Size
-
Price per sqft
$390
Property Type
House
Property Taxes
-
HOA Dues
$404
Year Built
-
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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: 8 months ago (SDMLS #250044079SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Jan 9, 2026 | In contract | - | |
| In contract | |||
| Dec 25, 2025 | Price Decreased |
$1,249,900
↓ $19K
(1.5%) | |
| Price Decreased | |||
| Dec 23, 2025 | Price Decreased |
$1,268,900
↓ $31K
(2.4%) | |
| Price Decreased | |||
| Nov 13, 2025 | Listed by Mark Schultz Broker | $1,299,900 | |
| Listed by Mark Schultz Broker | |||
Property Highlights
Air Conditioning
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
About Morro Hills
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Listed by: Mark Schultz, Mark Schultz Broker
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 250044079SD
Last Updated: 8 months ago
Data Source: CRMLS, MLS# 250044079SD
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