$850,000
●
House -
Off Market
714 Salet Place
San Marcos, CA 92069
4 Beds
3 Baths
2,691 Ft²
$1,177,596
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
IN ESCROW BEFORE MLS INPUT. BEAUTIFUL POOL & SPA HOME ON NEARLY 1/2
ACRE LOT near end of cul-de-sac, located in Rose Ranch. Boasting
nearly 2,700 esf & 4Bd/3 full Ba (incl. 1st level bd/ba), spacious
kitchen w/Corian counters, walk-in pantry & oversized family room.
THE HUGE ENTERTAINERS' YARD offers a custom pool/spa, covered patio
& play structure! Upgrades incl. expansive tile & premium
laminate-wood flooring, newer furnace, A/C, full house water
filtration/conditioning system, SOLAR & 4 CAR GARAGE! UPDATED
AND ECO-FRIENDLY SYSTEMS: newer furnace, A/C units, pool variable
pump, whole house water filtration/conditioning system, plus an
oversized owned solar system covering more than the owner's
electricity needs (7.8 kWLG system). * EQUIPPED WITH 4 CAR GARAGE:
3 attached + 1 detached single car garage...perfect for storage,
workshop or extra car! Spacious concrete side yard with double
gate, PERFECT FOR RV/BOAT STORAGE, including RV 30amp power outlet.
THE HUGE YARD offers a sparkling custom pool and spa, spacious
patio area with covered space and play structure. This outdoor
space is perfect for backyard entertaining, barbecue and pool
parties, with lots of room to run, play, and even bike! Close to
Twin Oaks Valley Ranch/Golf Course, parks, restaurants and more! NO
HOA & VERY LOW MELLO-ROOS. Room dimensions & sq footage are
approximate, per builder & assessor's record. Mello-roos is
estimated. Assessor Square Footage shows 2,501. This was built with
the optional oversized family room and seller provided the
information that the size per the builder was 2,691 ESF..
Neighborhoods: San Marcos, Rose Ranch Complex Features: ,
Equipment: Pool/Spa/Equipment, Range/Oven, Water Filtration Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
2,691 Ft²
Days on Market
46 days
Land Size
0.46 acres
Price per sqft
$312
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1998
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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 #200019776)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2020 | Sold | ||
| Sold | |||
| May 1, 2020 | Listed by Keller Williams Realty | $839,900 | |
| Listed by Keller Williams Realty | |||
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
Status
Type
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Baths
ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Marcos
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Listed by: Nicolas Jonville, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200019776
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200019776
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