1
Map
$720,000
●
House -
Off Market
1053 Morgan Hill Dr
Chula Vista, CA 91913
6 Beds
3 Baths
2,880 Ft²
$1,126,737
RealtyHop Estimate
56.49%
Since Jan 1, 2020
CA-San Diego
Primary Model
About This Property
Beautiful move in ready home in a gated community walking distance
to Heritage Elementary. Spacious kitchen with a large island open
to the family room with a fireplace. The only floorpan with two
bedrooms on the first floor. high ceilings, wood flooring,
custom shutters, ceiling fans, surround sound, granite counters,
stainless steel appliances and much more! Large backyard with an
outdoor BBQ area, turf and tropical landscape. A perfect family and
entertaining home in the ideal community close to all!
Neighborhoods: Otay Ranch Equipment: Dryer,Garage Door
Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer
Connected Topography: GSL
Unit Size
2,880 Ft²
Days on Market
44 days
Land Size
0.21 acres
Price per sqft
$250
Property Type
House
Property Taxes
-
HOA Dues
$80
Year Built
2002
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Cap Rate Calculator
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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: 5 months ago (SDMLS #190059990)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2019 | Sold | ||
| Sold | |||
| Dec 3, 2019 | No longer available | - | |
| No longer available | |||
| Nov 7, 2019 | No longer available | - | |
| No longer available | |||
| Nov 6, 2019 | Price Increased |
$729,900
↑ $10K
(1.4%) | |
| Price Increased | |||
| Nov 5, 2019 | Listed by Coldwell Banker West | $720,000 | |
| Listed by Coldwell Banker West | |||
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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
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 East Chula Vista
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Listed by: Ruben Rodriguez, Coldwell Banker West
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190059990
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190059990
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