$700,000
●
House -
Off Market
1040 S Broadway
Escondido, CA 92025
3 Beds
1 Bath
1,040 Ft²
$3,428
Est. Monthly
About This Property
Step into this charming historic 3 bedroom, 1 bath home nestled in
the sought-after Old Escondido community. This property boasts a
unique feature - a tiny house in the backyard, ideal for guests or
a home office. The main house showcases wood flooring, fresh
interior and exterior paint, along with a newer roof that
complements both the home and the detached 2-car garage, which
includes a loft with ample storage or a creative space. Enjoy the
comfort of central air conditioning and heat, along with the
benefit of FULLY PAID SOLAR. The expansive yard is a gardener's
paradise with fruit trees and abundant space for outdoor activities
or hosting memorable gatherings. Conveniently located near
shopping, groceries, parks, and restaurants. This home combines
comfort and community in an unbeatable location.
Unit Size
1,040 Ft²
Days on Market
50 days
Land Size
0.16 acres
Price per sqft
$671
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
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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: 13 months ago (SDMLS #NDP2408888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 3, 2024 | Listed by Real Broker | $698,000 | |
| Listed by Real Broker | |||
| | |||
|
Step into this charming historic 3 bedroom, 1 bath home nestled in the sought-after Old Escondido community. This property boasts a unique feature - a tiny house in the backyard, ideal for guests or a home office. The main house showcases wood flooring, fresh interior and exterior paint, along with a newer roof that complements both the home and the detached 2-car garage, which includes a loft with ample storage or a creative space. Enjoy the comfort of central air conditioning and heat, along with the benefit of FULLY PAID SOLAR. The expansive yard is a gardener's paradise with fruit trees and abundant space for outdoor activities or hosting memorable gatherings. Conveniently located near shopping, groceries, parks, and restaurants. This home combines comfort and community in an unbeatable location.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Central Escondido
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Listed by: Billie Bourgeois, Real Broker
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2408888
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2408888
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