$1,450,000
●
House -
Off Market
7961 Calle Madrid
Carlsbad, CA 92009
3 Beds
3 Baths,
1
Half Bath
1,604 Ft²
$7,360
Est. Monthly
$142
HOA / Fees
3.96%
Cap Rate
About This Property
Welcome to 7961 Calle Madrid, a beautifully upgraded home in the
heart of Carlsbad! This charming residence offers a perfect blend
of modern amenities and comfortable living. This home features
numerous upgrades including stainless steel appliances, updated
cabinets, countertops, lighting and flooring, a tankless water
heater, and a Tuff Shed for extra storage or workspace. Located
steps away from the community pool and spa and less than 1/2 mile
from the highly-rated Mission Estancia Elementary, this home
combines convenience and quality. Don't miss the opportunity to
make this upgraded gem your own!
Unit Size
1,604 Ft²
Days on Market
81 days
Land Size
0.11 acres
Price per sqft
$916
Property Type
House
Property Taxes
-
HOA Dues
$142
Year Built
1986
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Cap Rate Calculator
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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: 2 years ago (CRMLS #NDP2408649)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $1,470,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 18, 2024 | Listed by ERA Ranch & Sea Realty | $1,470,000 | |
| Listed by ERA Ranch & Sea Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Carlsbad
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Listed by: Peter Bolane, ERA Ranch & Sea Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2408649
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2408649
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