$510,000
●
House -
Off Market
640 Michael St
Oceanside, CA 92057
4 Beds
2 Baths
1,544 Ft²
$685,361
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Don't miss this one story home that has been well maintained. All
room additions permitted. Family room has beautiful brick
fireplace. Vinyl windows. New roof 2020 w transferrable 20 yr
warranty, water heater 2017, garage converted to extra room w built
in cabinets- lots of options for usage. Walk in shower & vanity in
master bathroom new. Solatubes add natural light. Good size
backyard with free standing patio cover, built in fireplace/BBQ.
Fridge, microwave, washer, dryer, shed convey. 7 miles to ocean.
[Supplement]: Home has 2 attic fans & central A/C which has just
been serviced. Skylight covers replaced in 2020 when new roof
installed. Lots of storage in property. Back gate of Camp Pendleton
is just about a mile away. It's about a 10 min drive to beach,
harbor, pier. Downtown Oceanside is up & coming with new hotels &
plenty of restaurants to choose from. Golf courses, shopping, Dr's
office, hospital close by. You can not beat the year round climate!
Unit Size
1,544 Ft²
Days on Market
75 days
Land Size
0.14 acres
Price per sqft
$328
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968
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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: 12 months ago (SDMLS #200031959)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2020 | Sold | ||
| Sold | |||
| Jul 9, 2020 | Listed by RE/MAX Connections | $507,000 | |
| Listed by RE/MAX Connections | |||
Property Highlights
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
Status
Type
Beds
Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About North Valley
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Listed by: Stacey Walker, RE/MAX Connections
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 200031959
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 200031959
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