1
Map
$385,000
●
House -
Off Market
616 Monterey Circle
San Marcos, CA 92069
4 Beds
2 Baths
1,505 Ft²
$739,681
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model
About This Property
Not a Short Sale! Fannie Mae home, eligible for Homepath Financing.
Nice curb appeal home! A perfect home for a growing family. Move in
ready with fresh paint and new carpet. Kitchen freshly painted with
new appliances. Enclosed patio room. Located on quiet cul de sac
street. Schools are within walking distance. Freeway is just a
short drive away. Make this your home! Neighborhoods: San Marcos
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,505 Ft²
Days on Market
140 days
Land Size
0.12 acres
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
$100
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 #130019976)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2019 | No longer available | - | |
| No longer available | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Welcome home to the sought-after Loma Verde East neighborhood in San Marcos, CA. This must see home is located on a quiet cul-de-sac that is close to local schools, businesses, freeway access, and more. The single-story layout makes this home flow seamlessly. There is a large master with ensuite, a fully finished garage with storage, upgraded kitchen and baths, vaulted ceilings in the living space, plenty of outdoor space, and more all for an affordable price. See Supplemental Remarks for details. Neighborhoods: Loma Verde East Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL The manager has listed the unit size as 1505 square feet.
| |||
| Sep 22, 2019 | No longer available | - | |
| No longer available | |||
| Sep 4, 2019 | Listed | $525,000 | |
| Listed | |||
| | |||
|
REALTOR® Raid Sako of Coldwell Banker West presents this stunning home located in a quite community in the heart of San Marcos, CA. This well-maintained home shows pride in ownership from the minute you park the car. Upgraded Kitchen with granite counters, tile throughout, newer paint inside and out. Close to nearby schools, easy access to freeway, private cul-de-sac location. Call (858)373-8429 or email [email protected] for a Showing. www.616Monterey.com for Virtual Tour, CA BRE# 02082933. The manager has listed the unit size as 1505 square feet.
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Property Highlights
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: Marco Bernardino, Real Estate Center
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130019976
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130019976
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