$700,000
●
House -
Off Market
955 Mendocino Dr
San Marcos, CA 92078
5 Beds
3 Baths
2,006 Ft²
$973,999
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Popular floor plan in desirable Discovery Hills neighborhood. This
lovely updated four bedroom home features two story ceilings in
living room, family room with stone mantled fireplace and kitchen
with quartz counter top. Updated wood plank vinyl flooring, full
bedroom and bathroom downstairs. Dining area converted to study or
fifth bedroom. Remodeled master bathroom with frameless shower
enclosure, large master bedroom with vaulted ceilings and walk-in
closet. Large fully fenced backyard with two patio areas, one
covered. Two mature fruit producing trees. Backyard topography can
easily be entertainment for children or a terrace project for a
landscaper. Garage has workbench and drop down stairs to attic.
Close to Discovery Lake Park with miles of hiking trails, a
playground and a lake for fishing. Top rated school district
and a short walk to CSUSM. Enjoy restaurants, movie theaters,
shopping, golf and the beach, all nearby.. Neighborhoods:
Discovery Hills Architectural Style: Monterey/Hacienda/Adobe
View: Monterey/Hacienda/Adobe Equipment: Dryer,
Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected
Topography: LL,SSLP
Unit Size
2,006 Ft²
Days on Market
21 days
Land Size
0.16 acres
Price per sqft
$341
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 #200013523)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by Allison James Estates & Homes | $685,000 | |
| Listed by Allison James Estates & Homes | |||
Property Highlights
Air Conditioning
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
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Baths
ft²
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HOA + Taxes
About San Marcos
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Listed by: Debbie Gaddis, Allison James Estates & Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200013523
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200013523
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