$793,000
●
House -
Off Market
556 Echo Lane
San Marcos, CA 92078
4 Beds
3 Baths
2,971 Ft²
$1,164,175
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Beautiful 4Bd/3 Bath home nestled on a quiet street in the gated
community of Esperanza @Buenavida & features a private courtyard
entry, open plan incl. high ceilings & downstairs bedroom w/full
bath, NEW carpet & paint, plantation shutters & gourmet granite
kitchen w/large center island, S/S appliances +master retreat
w/jetted tub & walk-in closet. The backyard features a spacious
lawn/patio - great for entertaining! Equipped w/laundry room, a/c &
3 car garage. Walking distance to Discovery Lake & parks! **
Zoned for Double Peak K-8 School! LOW MELLO-ROOS & HOA's ** Located
in the beautiful gated community of Esperanza at Buenavida in San
Marcos/Discovery Hills area. This home features a private courtyard
entry with brick pavers & a bright and open floor plan with
cathedral ceilings, large light-filtering windows, NEW carpet, NEW
paint, and gourmet kitchen with expansive center island, granite
counter tops, stainless steel appliances and breakfast nook/eat-in
area. The spacious family room offers a cozy fireplace, and sits
adjacent to the entry level BEDROOM WITH FULL BATH and laundry room
with cabinet space and utility sink. This home also features
plantation shutters throughout and a spacious backyard with open
patio and large lawn. Conveniently located near CSUSM, Palomar
College, shopping, dining,biking/hiking trails, hospitals, freeways
and more. All info is not guaranteed. Room dimensions, sizes & sq.
ft. are approximate.. Neighborhoods: Esperanza at Buenavida
Complex Features: ,, Equipment: Garage Door Opener, Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL,
Unit Size
2,971 Ft²
Days on Market
51 days
Land Size
0.14 acres
Price per sqft
$269
Property Type
House
Property Taxes
-
HOA Dues
$110
Year Built
2003
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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 #190063039)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 16, 2020 | Sold | ||
| Sold | |||
| Nov 26, 2019 | Listed by Keller Williams Realty | $799,000 | |
| Listed by Keller Williams Realty | |||
| Jul 25, 2014 | Sold | ||
| Sold | |||
| Jun 10, 2014 | Listed by CRG Properties | $720,000 | |
| Listed by CRG Properties | |||
| | |||
|
STANDARD SALE – Beautiful 4 bedroom/3 bathroom home nestled in the gated community of Buena Vida in San Marcos. This turn key home features, granite countertops in the kitchen, new carpet and paint, laundry room, open floor plan kitchen/living room, spacious master retreat with a Jacuzzi tub and walk in closet, shutters throughout and low maintenance landscaping. Entertainers dream. Close to highway 78, Cal State San Marcos and local shops and restaurants. A MUST SEE! Neighborhoods: Buena Vida Complex Features: ,, Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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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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Baths
ft²
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About San Marcos
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Listed by: Nicolas Jonville, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190063039
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190063039
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