1
Map
$515,000
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House -
Off Market
602 Monterey Cir
San Marcos, CA 92069
4 Beds
2 Baths
1,505 Ft²
$754,800
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Welcome home! With 4 bedrooms and a cul-de-sac, what's not to love
about this home? Lush landscaping surrounds this home in a quaint
community with mature trees and steps to parks and trails. Plenty
of room to entertain and parking is not a problem! And the bonus is
solar panels that are paid off! This is a must see, and will not
last long! Neighborhoods: Loma Verde East Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,505 Ft²
Days on Market
109 days
Land Size
-
Price per sqft
$342
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
1975
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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 #190032813)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2019 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Market Real Estate | $515,000 | |
| Listed by Market Real Estate | |||
| Jun 15, 2012 | Sold | ||
| Sold | |||
| Apr 27, 2012 | Listed by Century 21 Award | $315,000 | |
| Listed by Century 21 Award | |||
| | |||
|
Traditional Sale! Single Story Beauty in San Marcos. This Remodeled Home Includes: Granite Counter Tops in the Kitchen, Newer Appliances, Laminate Flooring, Remodeled Bathrooms, Newer A/C Unit, Ceiling Fans, Newer Fencing, Newer Rear Patio, and so Much More! Close to Schools, Shopping, and the Freeway! This Turn-Key Home Will Not Last Long!
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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
Comparables
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Status
Type
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ft²
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About San Marcos
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Listed by: Shannon Grindley, Market Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190032813
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190032813
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