5642 Cascade Court
5642 Cascade Court
$535,000
6
4
—
—
—
Closed 6/18/21
Description
Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, both units have 3 bedrooms, 2 full baths, 2-car garages, and feature spacious Living Rooms w/ cozy fireplaces and 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 $37,416....Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, both units have 3 bedrooms, 2 full baths, 2-car garages, and feature spacious Living Rooms w/ cozy fireplaces and 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 $37,416. GRM is 14.13 & Cap Rate is 7.1! Similar units in the neighborhood recently rented for $1,995 per month! Potential annual rents of $47,880 with a GRM of 11.05 and 9.1% Cap Rate! A fantastic investment opportunity. A portfolio of up to 19 duplex are available in beautiful centrally located Quail Lakes.
- Listed by Greg Batchelder • DRE #01321061 • Lyon RE Folsom
Property Details for 5642 Cascade Court
Parking Features
Attached, Garage, Garage Door Opener, Interior Access
Architectural StyleContemporary
SubdivisionQUAIL LAKES
ZoningRES
Location
LISTING UPDATED: 06/23/2021 10:46 AM
Property Details for 5642 Cascade Court
Status | Closed |
---|---|
MLS # | 221030767 |
Days on Compass | 20 |
Taxes | - |
HOA Fees | $353 / year |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1978 |
Lot Size | 0.19 AC / 8,141 SF |
County | San Joaquin County |
Location
Building Information for 5642 Cascade Court
Stories1Residences2Year Built1978Building Size-Lot Size0.19 AC / 8,141 SF
Payment Calculator
$3,522 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5642 Cascade Court
Property History for 5642 Cascade Court
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5642 Cascade Court
Taxable ValueLand$145,656Additions$410,958Total$556,614
Tax Record2023$6,872 ($573 / month)
Home Facts
Baths4Total Finished SqFt2,442 SqFtAbove Grade Finished SqFt2,442 SqFtStories1Lot Size8,140 SqFtStyleDuplexYear Built1978ZoningR2CountySAN JOAQUINAPN108-050-170-000Fireplace TypeHas Fireplace
Schools near 5642 Cascade Court
This home is within Stockton Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Charter - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Hoover Elementary School PublicK to 8 | ||
Madison Elementary School PublicK to 8 | ||
Stagg Senior High School Public9 to 12 | ||
Pacific Law Academy Charter7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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