$465,000
●
House -
Off Market
1138 Deem Place
El Cajon, CA 92021
4 Beds
2 Baths
1,139 Ft²
$739,360
RealtyHop Estimate
55.65%
Since Feb 1, 2020
CA-San Diego
Primary Model
About This Property
Cute 3 bedroom 2 bath home on a quiet culdesac. Additional
Bonus room/ man cave (20X13), permitted (not included in square
footage) with fireplace and it's own entry- possible rental
income. Large, private backyard with grass and fruit trees
including grapefruit, orange, lemon and 2 bay leaf trees.
Original wood floors under carpet. OWNED SOLAR!!
Close to freeway entrance, shops and schools. See
supplemental remarks for list of upgrades. Solar is paid for.
There are 2 sodium lights on the poles in backyard that can
be turned on through SDGE at anytime if the new buyer prefers.
Documentation will be provided to the new buyer. Solar
installed 2016, New roof 2015, Dual pane windows 2004, tankless
water heater 2018, New AC 2016.. Neighborhoods: Olive Manor
Equipment: Dryer,Garage Door Opener, Shed(s), Washer Other
Fees: 0 Sewer: Sewer Connected, Public Sewer Topography: LL
Unit Size
1,139 Ft²
Days on Market
34 days
Land Size
-
Price per sqft
$417
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #190063613)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 6, 2020 | Sold | ||
| Sold | |||
| Dec 3, 2019 | Listed by Keller Williams Realty | $475,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Shyla McClanahan, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190063613
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190063613
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