$340,000
●
House -
Off Market
1030 8Th
Ramona, CA 92065
3 Beds
1 Bath
1,175 Ft²
$586,011
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model
About This Property
Welcome to your fully remodeled 3 bedroom, 1 bath home situated in
the heart Ramona. Not one interior detail left untouched! Complete
floor to ceiling remodel includes but is not limited to new
flooring, paint, cabinets, kitchen appliances, HVAC ducting & AC
unit. Offering all new plumbing, tankless water heater, fully
serviced & certified septic & a full propane tank ready for a new
buyer to call this home theirs! Property sits on a .28 acre lot
w/ample storage for your toys & visions! Neighborhoods: Ramona
Equipment: Range/Oven Other Fees: 0 Sewer: Septic
Installed Topography: LL
Unit Size
1,175 Ft²
Days on Market
40 days
Land Size
0.28 acres
Price per sqft
$297
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #160064974)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2023 | No longer available | - | |
| No longer available | |||
| May 31, 2023 | In contract | - | |
| In contract | |||
| May 20, 2023 | Price Decreased |
$579,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| May 17, 2023 | Price Decreased |
$589,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Apr 27, 2023 | Listed by eXp Realty of California Inc. | $599,000 | |
| Listed by eXp Realty of California Inc. | |||
| | |||
|
HUGE Price Improvement! Come live your best life in the best deal in San Diego! 2 story move in ready 3 bedroom & 1 bathroom home with a little over 1/4 acre usable lot next to Downtown Ramona and NO HOA. This dream home is perfectly situated on an ADU ready and buildable lot walking distance to schools, parks, and downtown Ramona Main street - full of boutique shops, restaurants, and wineries. Have the luxury and privacy of country life within the city. This 2017 remodeled home features a fully fenced in yard with RV/boat parking, quartz countertops, stainless steel appliances, soft close cupboards and drawers, recessed lighting, ceiling fans and a tankless water heater, and a roof replaced in 2017. This home is ready for its next perfect owner with the blank canvas of land potential. The manager has listed the unit size as 1175 square feet.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ramona
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Listed by: Zandra Ulloa, Big Block Realty, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160064974
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160064974
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