Seller's Agent in 2022
Greg Batchelder
Windermere Signature Properties El Dorado Hills/Folsom
(916) 205-6943
18 in this area
77 Total Sales
20 Cascade Ct Stockton, CA 95207
Lincoln Village Neighborhood
5
Beds
4
Baths
2,548
Sq Ft
8,400
Sq Ft Lot
Highlights
- Contemporary Architecture
- 4 Car Attached Garage
- Laundry closet
- Vaulted Ceiling
- Patio
- Landscaped
About This Home
As of April 2022Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, one unit has 3 bedrooms, 2 full baths, & a 2-car garage. The other unit has 2 bedrooms, 2 full baths, & a 2-car garage. Both units feature spacious Living Rooms w/ cozy fireplaces, Master Suites & inside laundries. Durable long-lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $37,920. GRM is 15.6 & 6.59% Cap Rate. Similar units in the neighborhood recently rented for $1,995 & $1,895 per month! Potential annual rents of $46,680 with a GRM of 12.32 and 8.12% Cap Rate! A fantastic investment opportunity. A portfolio of up to 10 duplex are available in beautiful centrally located Quail Lakes.
Last Agent to Sell the Property
Windermere Signature Properties El Dorado Hills/Folsom License #01321061 Listed on: 03/08/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 8,400 Sq Ft Lot
- Landscaped
- Level Lot
- Sprinklers on Timer
HOA Fees
- $29 Monthly HOA Fees
Parking
- 4 Car Attached Garage
- 4 Open Parking Spaces
- Inside Entrance
- Garage Door Opener
Home Design
- Duplex
- Contemporary Architecture
- Planned Development
- Slab Foundation
- Frame Construction
- Blown Fiberglass Insulation
- Ceiling Insulation
- Tile Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Window Treatments
Kitchen
- Free-Standing Electric Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Linoleum
- Laminate
Laundry
- Laundry closet
- Washer and Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Mini Split Air Conditioners
- Mini Split Heat Pump
- Heating System Uses Natural Gas
- 220 Volts
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, sewer, gas, trash collection, water
- Assessor Parcel Number 108-050-20
Community Details
Overview
- Association fees include 0
- 2 Units
- Quail Lakes Association, Phone Number (209) 472-3485
- Quail Lakes Subdivision
- Mandatory home owners association
Building Details
- 2 Leased Units
- 2 Units Leased Month-To-Month
- Net Operating Income $37,920
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2022 04/19/22 | Sold | $575,000 | 0.0% | $226 / Sq Ft |
| 03/31/2022 03/31/22 | Pending | -- | -- | -- |
| 03/08/2022 03/08/22 | For Sale | $575,000 | -- | $226 / Sq Ft |
Source: MetroList
Agents Affiliated with this Home
-
Greg Batchelder
-
Gregory Farmer
Buyer's Agent in 2022
Gregory Farmer
PMZ Real Estate
(209) 629-5541
2 in this area
17 Total Sales
Map
Source: MetroList
MLS Number: 222027211
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