$374,400
●
House -
Off Market
1040 9th Street
Ramona, CA 92065
2 Beds
1 Bath
1,136 Ft²
$675,918
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model
About This Property
A. Quincy Jones designed this home! An admirer of renown
architect Frank Lloyd Wright. A true marvel of glass
integrated with nature and surrounded by trees, foliage and privacy
fenced rear patio with heavy beamed columns. The spectacular
and usable 1 acre features a park like yet panoramic views of the
valley and mountains. There are assorted fruit trees, grape
arbor, vegetable beds for the planting and lots of space for the
horse/animal enthusiast. Please note supplement for residence
amenities! Neighborhoods: Ramona Architectural Style:
Craftsman/Bungalow View: Craftsman/Bungalow Equipment:
Garage Door Opener, Range/Oven, Shed(s) Other Fees: 0 Sewer:
Septic Installed Topography: LL,RSLP,GSL
Unit Size
1,136 Ft²
Days on Market
34 days
Land Size
1.00 acres
Price per sqft
$326
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 #150005100)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2018 | Sold | ||
| Sold | |||
| Sep 27, 2018 | Listed by Big Block Realty, Inc. | $499,000 | |
| Listed by Big Block Realty, Inc. | |||
| | |||
|
MID CENTURY MODERN RAMONA! A very rare, intact example of a Sun Villa designed by renowned architect A. Quincy Jones. Published, and a recipient of a National Award, Sun Villas defined the best of post-War housing for San Diegans. The wood and glass structure frames distant views while blurring the lines between the interior and the landscape. There is no better way to enjoy the serenity of this location than a home designed for just that purpose. Neighborhoods: Ramona Equipment: Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: LL
| |||
| Mar 2, 2015 | Sold | ||
| Sold | |||
| Jan 27, 2015 | Listed by Coldwell Banker Country Realty | $369,800 | |
| Listed by Coldwell Banker Country Realty | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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About Ramona
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Listed by: Sharon Quisenberry, Coldwell Banker Country Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150005100
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150005100
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