Listed by: Sharon Wittmayer, Integrity R. E. & Home Loan
$820,000
●
House -
Off Market
1165 Gorsline Drive
El Cajon, CA 92021
3 Beds
2 Baths
1,544 Ft²
$4,051
Est. Monthly
About This Property
Back on Market. (Buyer could not perform.) Fantastic home ownership
opportunity in such a central location! This spacious home boasts a
NEW ROOF, NEW KITCHEN, NEW BATHROOMS, NEW FLOORING, NEW WATER
HEATER and so much more! Backyard is spacious for entertaining,
gardening, and family fun! Room for RV Parking behind gate or in
the extra-large driveway space. Garage is finished including, dry
wall, paint, and epoxy floor! Located walking distance to schools
and church. Easy access to freeways and just a hop & skip away from
your favorite stores and restaurants. Wonderful sunset and night
light views right from your living room. See why you will love
calling this home your very own.
Unit Size
1,544 Ft²
Days on Market
97 days
Land Size
-
Price per sqft
$534
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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 #240023723SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 10, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Dec 9, 2024 | Relisted | $825,000 | |
| Relisted | |||
| Dec 9, 2024 | Price Decreased |
$825,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
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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 El Cajon
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Listed by: Sharon Wittmayer, Integrity R. E. & Home Loan
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240023723SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240023723SD
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