Address
5642-44 Cascade Ct Stockton, CA
Price
$ 529,000
Property Attributes
  • MLS#221030767
  • TypeIncome
  • CountySAN JOAQUIN
  • CityStockton
  • Area20704
  • NeighborhoodQUAIL LAKES
  • Zip95207
  • StyleContemporary
  • Price$ 529,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size8,141 SqFt
Listing Provided Courtesy Of:
Greg Batchelder CalBRE# - 01321061 with Lyon RE Folsom
Data Source:
California Metrolist Inc
Property 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. GRM is 14.13 & Cap Rate is 7.1! Smaller units in the neighborhood recently rented for $1,795 per month! Potential annual rents of $43,080 with a GRM of 12.28 and 8.1 Cap Rate! A fantastic investment opportunity. A portfolio of up to 19 duplex are available in beautiful centrally located Quail Lakes.

Price History
4/8/2021 Listed $529,000

General Features

Appliances Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
Architectural Style Contemporary
Association Amenities See Remarks
Association Fee Includes See Remarks
Association Y/N Yes
Construction Materials Ceiling Insulation, Frame, Wall Insulation, Wood, Wood Siding
Cooling Separate, Central
Electric 220 Volts
Elementary School District Stockton Unified
Flooring Carpet, Laminate, Linoleum
Garage Spaces 4
HOA Fee 353
HOA Fee Frequency Annually
Heating Central, Separate, Natural Gas
High School District Stockton Unified
Interior Features Vaulted Ceiling(s)
Lease Term Month to Month
Levels One
MLS Area 20704
Open Parking Spaces 4
Parking Features Attached, Garage, Garage Door Opener, Interior Access
Patio/Porch Features Uncovered Patio, Varies by Unit
Property SubType Duplex
Property Type Residential Income
Roof Tile
School District (county) San Joaquin
Sewer In & Connected
Status Active
Subdivision Name QUAIL LAKES
Subtype Description Planned Unit Develop
Total Units 2
Zoning Description RES

Interior Features

Floors 1
Furnished Units None
Laundry Features In Each Unit, Varies by Unit, Laundry Closet, Washer/Dryer Hookups
Total Stories 1
Unit 1 Approx Sqft 1221
Unit 1 Bedrooms 3
Unit 1 Full Baths 2
Unit 1 Rent 1570
Unit 1 Sqft Source Not Measured
Unit 1 Type Flat
Unit 2 Approx Sqft 1221
Unit 2 Bedrooms 3
Unit 2 Full Baths 2
Unit 2 Sqft Source Not Measured
Unit 2 Type Flat
Unit 3 Bedroom Units Total 2

Exterior Features

Foundation Details Slab
Lot Features Auto Sprinkler F&R, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
Lot Size Acres 0.1869
Lot Size Source Assessor Auto-Fill
Lot Size Square Feet 8141
Number of Buildings 1
Total Parking 8
Water Source Meter on Site

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95207

Price
AVG $510K
$530K
Visits
AVG 72
15
Year Built
AVG 1973
1978
Walkscore
AVG 50
43
Data Provided by Walkscore ® not using MLS data

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