$655,000
●
Condo -
Off Market
1073 Sumner PL.
El Cajon, CA 92021
3 Beds
3 Baths,
1
Half Bath
1,680 Ft²
$3,530
Est. Monthly
$245
HOA / Fees
7.41%
Cap Rate
About This Property
Come and see this bright 2-story Town Home, freshly painted
throughout the house. Move in Ready. It has 3 bedrooms, 2.5 baths.
2 Car attached garage. The Unit has fireplace in the family room.
Separate dining room. The townhome has brand new appliances, New
Ceiling Fans throughout the house new AC unit, and Furnace unit.
It has newer water heater, newer kitchen sink and
countertops. The seller even painted the garage and the garage
floor. Outside has a high A frame style wood Patio Cover.
Unit Size
1,680 Ft²
Days on Market
83 days
Land Size
-
Price per sqft
$398
Property Type
Condo
Property Taxes
-
HOA Dues
$245
Year Built
1993
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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: 2 years ago (CRMLS #240019558SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Price Decreased |
$669,000
↓ $30K
(4.3%) | |
| Price Decreased | |||
| Aug 17, 2024 | Listed by Signature Real Estate & Loans | $699,000 | |
| Listed by Signature Real Estate & Loans | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Other
Garage Spaces: 2
Open Parking Spaces: 1
Garage Spaces: 2
Has Attached Garage: Yes
Total Garage and Parking Spaces: 3
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Levels: Two
Appliances: Dishwasher, Disposal
Living Area Square Feet Source: Assessor
Laundry Features: Electric Dryer Hookup, In Garage
Exterior Details
Year Built: 1993
Parcel Number: 4842035515
Home Type: Residential
Roof: Composition
Construction Materials: Stucco
Pool Features: None
Lot Size Source: Assessor
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Fireplaces, Natural Gas
Location Details
Association Fee: $245
Association Fee Frequency: Monthly
Directions: Cross Street: Sumner.
Other Details
Listing Terms: Cash, Conventional, FHA, VaLoan
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/17/2024
| |
3 Bed
|
3 Bath
|
1680 ft²
|
$699,000
3 Bed
3 Bath
1680 ft²
|
$655,000
-6.29%
11/15/2024
|
Thomas Garmo
Signature Real Estate & Loans
|
|
10/24/2015
| |
3 Bed
|
2 Bath
|
1680 ft²
|
$369,000
3 Bed
2 Bath
1680 ft²
|
$330,000
-10.57%
12/28/2015
|
Lori Staehling
Keller Williams Realty
|
Building Info
About Bostonia
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Listed by: Thomas Garmo, Signature Real Estate & Loans
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240019558SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240019558SD
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