$525,000
●
House -
Off Market
1080 Lemon Ave
El Cajon, CA 92020
3 Beds
1 Bath
1,525 Ft²
$871,850
RealtyHop Estimate
64.53%
Since Jan 1, 2019
CA-San Diego
Primary Model
About This Property
Near Mt. Helix. Excellent opportunity to own a super cute 3
bedrooms home with 1 car garage and possible GRANNY FLAT on over
11,605 est sqft. Welcoming front porch leads you to the inside
where you will be amazed by the dreamy backyard view through the
oversize bay windows. Large living rm opens to Dining and Kitchen
with newer cabinets, upgrade lights, tile floor and SS appliances.
Large bedrooms, extra large family rm & much more to list. Oasis
backyard awaiting for you to relax & enjoy. SEE SUPPlEMENT.
Plantation shutters throughout. Family room have custom wood
blinds and upgraded 3/4 inches dual pane windows in kitchen and
family room and brand new high quality carpet in family room. All
cast iron have been replaced. hardwood floors in dining and living
room and hallway and all bedrooms. Built in China cabinet in dining
room. Upgraded lighting fixtures throughout. Extra insulation in
attic space. Guest house/granny flat potential. Jacuzzi and
fountain are negotiable.. Neighborhoods: Ardell Acres
Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,525 Ft²
Days on Market
19 days
Land Size
0.27 acres
Price per sqft
$347
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #180064041)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 7, 2018 | Sold | ||
| Sold | |||
| Nov 18, 2018 | Listed by Century 21 Award | $529,900 | |
| Listed by Century 21 Award | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Melvina Selfani, Century 21 Award
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180064041
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180064041
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