$620,000
●
House -
Off Market
950 Mendocino Dr
San Marcos, CA 92078
4 Beds
2 Baths,
1
Half Bath
1,746 Ft²
$1,040,360
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model
About This Property
This property is a WOW!! Stunning from top to bottom.
Formal living and dining rooms adjacent to fully updated
kitchen and family room. Gleaming Rosewood hardwood floors
will take your breath away. All four bedrooms are upstairs.
All baths have been remodeled with top if the line fixtures
and hardware. In addition to this over the top house step out
to the backyard that overlooks Discovery Lake Park. Easy to
maintain yard with artificial grass, fountain, fire pit and
built-in barbeque. No HOA Neighborhoods: Discovery Hills
Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,746 Ft²
Days on Market
66 days
Land Size
0.12 acres
Price per sqft
$352
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994
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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 #160023414)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 22, 2020 | In contract | - | |
| In contract | |||
| Oct 12, 2020 | Listed | $735,000 | |
| Listed | |||
| | |||
|
Stunning 4 bed/2.5 bath San Marcos home available in Discovery Hills. This gem features formal living/dining, soaring ceilings, custom paint tones, cherry hardwood flooring, a two way fireplace & more. Stylish granite kitchen is complete with ss appliances, crisp white cabinetry and a breakfast bar. Master with spa inspired ensuite. Nestled above discovery lake the backyard offers an outdoor kitchen, a fountain, a fire pit and breathtaking mountain views. 1 minute walk to trailhead to Lake San Marcos. The manager has listed the unit size as 1746 square feet.
| |||
| Jul 6, 2016 | Sold | ||
| Sold | |||
| May 1, 2016 | Listed by Keller Williams Realty | $615,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About San Marcos
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Listed by: Susan Marshall, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160023414
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160023414
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