$585,000
●
House -
Off Market
861 Catherine Avenue
San Marcos, CA 92069
3 Beds
2 Baths
1,446 Ft²
$833,701
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Beautifully upgraded single level home on .22 acre featuring a
large back yard with room to add a pool, outdoor kitchen, etc. This
interior is light and open and features contemporary paint,
upgraded dual pane vinyl windows, solar, wood-style laminate and
vinyl flooring (tile in hall bath) and remodeled baths! The kitchen
offers maple cabinetry & white tile counters and opens to the
family room and covered patio. The living room has a fireplace and
looks out to the front yard with palms. No HOA fees!
Oversized two car garage! Huge back yard and plenty of room
in the side yard too - There are some raised garden beds and two
citrus trees there as well. Excellent San Marcos neighborhood
offering close proximity to Richland Elementary and Woodland Park
Middle School and Woodland Park. No HOA fees! Easy access to major
shopping and freeways!. Neighborhoods: El Parque Equipment:
Garage Door Opener Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,446 Ft²
Days on Market
26 days
Land Size
0.22 acres
Price per sqft
$408
Property Type
House
Property Taxes
-
HOA Dues
-
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 #200017627)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2020 | Sold | ||
| Sold | |||
| Apr 17, 2020 | Listed by Berkshire Hathaway HomeService | $589,900 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
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 San Marcos
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Listed by: Cindy Waasdorp, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200017627
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200017627
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