$4,200,000
Estimated Payment$19,836/mo
Multi-Family For Sale

575-579 Racquet Way, Diamond Springs, CA 95619

2-Story Multi-Family Home In Diamond Springs

The Subject property comes with 12 Newly constructed 2bed/2bath apartment units and entitled for an additional 24-units (Project will be 36-units total). Please email listing agent for a marketing package. Latest Rent roll shows $19,960/month not including additional laundry income.

575-579 Racquet Way is a multi family-home located in El Dorado, the 95619 ZIP Code, and the Indian Creek Elementary School, Herbert C. Green Middle School, and Union Mine High School attendance zones.

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575-579 Racquet Way
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Location
575-579 Racquet Way Diamond Springs, CA 95619
Home Details

Listing Details

General

  • Total Number of Units: 12

    Interior Details

    Utilities

    • Heating Details: Central, Other
    • Cooling Details: Ceiling Fan s, Central
    • Utilities: Other

    General

    • Flooring: Varies by Unit, Vinyl, Wood

      Financial Details

      Expenses

      • Operating Expense Includes: Insurance, Manager, Other, Utilities

        Property Details

        Construction Details

        • Foundation Details: Concrete, Other
        • Construction Materials: Cement Siding, Concrete, Other, Stucco

        General

        • Water Source(s): Water District
        • Lot Features: Other
        • Stories: 2
        • Laundry Features: Washer Dryer Leased

        Parking

        • Parking Features: Uncovered
        • Garage: 0 0
        • Other Parking: Uncovered

        MLS Details

        General

        • Days on Homes.com: 329
        • MLS Number: 222001388
        • Listed: 1/11/2022
        • Last Updated: 9/19/2022
        • Offered By: Collier's International Ca, Inc.
        • Listing Source: MetroList Services, Inc.
        Monthly Payment Calculator

        $19,836

        Estimated Mortgage
        Principal & Interest
        $14,166
        Insurance
        $1,470
        Taxes
        $4,200
        Mortgage Insurance
        $0
        i
        Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
        i
        If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
        Price History
        • DateEventPrice
        • 03/16/2022$435,000$4,200,000
          Source: MetroList Services, Inc.
        • 01/11/2022listed$4,635,000
          Source: MetroList Services, Inc.
        Nearby Schools
        School data provided by GreatSchools
        i
        The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
        Points of Interest

        Colleges

        Distance
        • Folsom Lake College, El Dorado
          4.9 mi

        Military Bases

        Distance
        • McClellan Air Force Base
          41.0 mi

        Shopping Centers

        Distance
        • Diamond Springs
          0.7 mi
        • Diamond Village
          0.8 mi
        • Depot Junction
          1.3 mi
        Listing Agent
        Matthew Sarro
        Collier's International CA, Inc.
        Diamond Springs, CA
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        Visit Site Source

        $4,200,000

        575-579 Racquet Way

        Diamond Springs, CA 95619

        Matthew Sarro
        Collier's International CA, Inc.