$1,200,000
●
House -
Off Market
922 Merlo Ct.
Carlsbad, CA 92011
5 Beds
4 Baths
3,300 Ft²
$1,478,772
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Live Auction! Bidding to start from $1,040,000! Resort-style living
in Aviara! Gorgeous, move-in ready 5 bedroom home on a cul-de-sac.
Numerous interior upgrades include travertine tile, SS appliances
in gourmet kitchen, Viking Stove, & Granite island. Spacious master
bedroom & bath featuring double sinks, soaking tub, vanity, walk-in
shower. Enjoy entertaining in the beautiful backyard with heated
saltwater pool & spa, patio, & built-in BBQ. Owned solar! SEE
SUPPLEMENT Own in Carlsbad's fantastic Azure Cove
neighborhood. Live close to the beach, hiking trails, beach
camping, restaurants, dining, golf courses, and more! Located on a
huge lot, this home has great curb appeal from the moment you drive
up. Additional interior upgrades include granite counters, Viking
SS Stove Cook Top, GE Cafe SS double oven, fridge, microwave, GE SS
dishwasher and S sink, and upgraded carpet. Owned solar panels
means no electric bills! Low HOA and no Mello-Roos! Fantastic
Carlsbad schools!. Neighborhoods: Azure Cove Equipment: Fire
Sprinklers,Pool/Spa/Equipment, Washer Other Fees: 0 Sewer:
Public Sewer Topography: LL
Unit Size
3,300 Ft²
Days on Market
49 days
Land Size
0.35 acres
Price per sqft
$315
Property Type
House
Property Taxes
-
HOA Dues
$100
Year Built
1999
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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: 5 months ago (SDMLS #200007436)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2020 | Sold | ||
| Sold | |||
| Feb 13, 2020 | Listed by Harcourts Prime Properties | $1,040,000 | |
| Listed by Harcourts Prime Properties | |||
| Jan 9, 2020 | No longer available | - | |
| No longer available | |||
| Nov 20, 2019 | Price Decreased |
$1,299,000
↓ $30K
(2.3%) | |
| Price Decreased | |||
| Oct 30, 2019 | Price Decreased |
$1,329,000
↓ $20K
(1.5%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
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
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Asking Price
Listed On
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Sold On
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HOA + Taxes
About Carlsbad
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Listed by: David Dacosta, Harcourts Prime Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200007436
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200007436
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