Upgraded Residential Income
New
For Sale
$349,900
116 Havenview Ln, Oceanside, CA 92056
Two-bedroom home with expanded living areas, dual-pane windows, and mountain views in a gated 55+ community.
Property Size1,080 SF
Price / SF$323.98
Days on Market3
Property Features for 116 Havenview Ln
General Information
Standard status
Active
Size
1,080 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
lake
pool
spa
clubhouse
dog park
community garden
on-site second hand store
laundry facility
Listing Agency:
Brush Realty
Listed By:
Scott Marquette
(760) 613-7693
Source:
Kaleorealestate
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 10 at 3:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brush Realty
Investment Insights
Based on property information with market context.
This 1,080-square-foot residential income property includes two bedrooms and two bathrooms, with an open kitchen centered around granite countertops and an island. The kitchen connects to a large living area, while expanded entry and living room spaces add usable interior area. Dual-pane windows, hardwood laminate flooring, carpeted bedrooms, updated bathrooms, and a durable long-life roof are also included.
Outdoor space features a composite rear deck with painted railings and views toward the mountains. The home is located within Rancho Calevero, a gated community for residents aged 55 and older. Community amenities include a lake, pool, spa, clubhouse, dog park, community garden, second-hand store, and laundry facility. The property is located at 116 Havenview Ln in Oceanside, California.
Outdoor space features a composite rear deck with painted railings and views toward the mountains. The home is located within Rancho Calevero, a gated community for residents aged 55 and older. Community amenities include a lake, pool, spa, clubhouse, dog park, community garden, second-hand store, and laundry facility. The property is located at 116 Havenview Ln in Oceanside, California.
Key Highlights
- 1,080‑square‑foot home with 2 bedrooms and 2 bathrooms
- Open kitchen with granite countertops and center island
- Expanded entry and living room areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,726
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$334,520
$334.5K
Cap Rate 7%
$238,943
$238.9K
Cap Rate 9%
$185,844
$185.8K
Market Conditions
NOI Build-Up for 1,080 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$32.4K $30.00/SF
− Vacancy
−$2.0K −$1.84/SF
EGI
$30.4K $28.16/SF
− OpEx
−$13.7K −$12.67/SF
NOI
$16.7K $15.49/SF
Area
Oceanside, CA
Vacancy
6.14%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$334,520
Cap Rate 7%
$238,943
Cap Rate 9%
$185,844
Alternative Uses
Best Use
Apartment 5plus
$238.9K
$209.1K – $278.8K
NOI $16,726 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$361.2K
$316.1K – $421.4K
NOI $25,285 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 92056, CA
53,750
Population
20,514
Households
2.6
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
12.3 sq mi
ZIP Area
4,370
Density / Sq Mi
$102,570
Median Household Income
$50,029
Median Earnings
$2,536
Median Rent
$696,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom home with expanded living areas, dual-pane windows, and mountain views in a gated 55+ community.
Where is this residential income property located?
The property is located at 116 Havenview Ln Oceanside, CA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,080‑square‑foot home with 2 bedrooms and 2 bathrooms; Open kitchen with granite countertops and center island; Expanded entry and living room areas
