$450,000
●
House -
Off Market
727 Brass Lantern
San Marcos, CA 92069
3 Beds
2 Baths,
1
Half Bath
1,927 Ft²
$795,817
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model
About This Property
New to Market – first time in 35yrs. Super roomy! Super comfy!!
Super affordable!!! No HOA's or Mello Roos. Walk to best
schools, colleges, library . Huge 3 car garage. Vaulted
ceilings, brick fireplace w/custom mantel, wet bar, plantation
shutters, custom wainscoating and beadboard, new stainless
singlebasin sink/garbage disposal, exterior paint. Wide sideyards
and long driveway perfect for boats or rv. Seller occupied – txt
agent - 2hr. Financing approval letter w/offer.
Neighborhoods: Richland Equipment: Garage Door Opener, Range/Oven,
Water Filtration Other Fees: 0 Sewer: Sewer Connected
Topography: GSL
Unit Size
1,927 Ft²
Days on Market
38 days
Land Size
0.21 acres
Price per sqft
$233
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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 #150065358)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2018 | Sold | ||
| Sold | |||
| Sep 12, 2018 | Listed by Ramona Real Estate | $599,900 | |
| Listed by Ramona Real Estate | |||
| | |||
|
Location, location. No HOA fees or Mello-Roos! This is an extremely attractive home with lots of upgrades, on a quiet cul-de-sac just one block from Mulberry Park. The flowing floor plan features a Juliette Balcony leading to the private master suite, overlooking the living room. Owners have installed low E dual glazed vinyl windows and sliding glass doors, new granite counters, fresh paint, laminate flooring and carpet. The front landscaping is fresh and growing in with new irrigation. Move-in ready. A new efficient water heater and new forced air unit add great efficiency to this home. Fresh paint inside and out finish the new home effect here. These owners have put a lot into this home and it shows. What a great neighborhood. Just a block from Mulberry Park which has a Splash Pad water feature for kids to play in. Also Highlandia Park is a short walk and has a large sports field. Great restaurants and shops within walking distance. Job relocation forces the move. Better hurry.. Neighborhoods: San Macros I LTD Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
| Jan 25, 2016 | Sold | ||
| Sold | |||
| Dec 18, 2015 | Listed by Mike Litton, Broker | $449,000 | |
| Listed by Mike Litton, Broker | |||
Property Highlights
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
Price/ft²
Price/ft²
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Listed On
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Sold On
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HOA + Taxes
About San Marcos
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Listed by: Daniel Avina, Mike Litton, Broker
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150065358
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150065358
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