Listed by: Lisa Guasti, Century 21 Affiliated
$485,000
●
House -
Off Market
914 Royal Tern Way
Oceanside, CA 92057
2 Beds
2 Baths
1,064 Ft²
$2,886
Est. Monthly
$435
HOA / Fees
5.81%
Cap Rate
About This Property
Enjoy the incredible canyon views, city night lights and ocean
breeze from this desirable end unit. Highly sought after 55+
community in Oceana Mission Unit 1. 15 minutes to the coast, and
close to the YMCA. This home has a large covered and fenced front
patio with Saltillo tiles, and surrounded with a nice grassy area.
Views of the canyons from the living room and second bedroom. Roomy
master suite with a nice closet. New roof , new carpet, and
new windows. Blinds and crown molding throughout the home.
Laundry is in the garage with a utility sink. A pool and
jacuzzi are just across the street. HOA amenities are water, basic
cable, trash, pool, jacuzzi, and club house.
Unit Size
1,064 Ft²
Days on Market
236 days
Land Size
0.04 acres
Price per sqft
$469
Property Type
House
Property Taxes
-
HOA Dues
$435
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: 2 years ago (CRMLS #PTP2404926)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2025 | In contract | - | |
| In contract | |||
| Mar 8, 2025 | Price Decreased |
$499,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Nov 27, 2024 | Relisted | $519,000 | |
| Relisted | |||
| Sep 14, 2024 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
With View
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 Luis Rey
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Listed by: Lisa Guasti, Century 21 Affiliated
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2404926
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2404926
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