$390,000
●
Multifamily -
Off Market
1198 Sumner
El Cajon, CA 92021
Studio
0 Bath
$821,018
RealtyHop Estimate
90.98%
Since Sep 1, 2015
CA-San Diego
Primary Model
About This Property
2 homes on one lot. each have fenced private yards and parking.
Main home has 2 car attached garage other has private driveway but
no covered parking. First unit is approx. 1,262 sf 2 bedroom, 1
bath while unit 2 is approximately 678 SF with 1 bedroom and 1
bath. Great corner lot (Corner of Oro & Sumner Ave). Great for
investment or for multigenerational family. Once updated it will
shine like a new penny again. Neighborhoods: Bostonia Other Fees: 0
Sewer: Sewer Connected Unit # for Unit 1: 1198 Unit # for Unit 2: 2
Number of Furnished Units: 0 Topography: LL
Unit Size
-
Days on Market
85 days
Land Size
0.30 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1980
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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: 4 months ago (SDMLS #150027991)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 13, 2015 | Sold | ||
| Sold | |||
| May 20, 2015 | Listed by Town & Country Real Estate | $429,900 | |
| Listed by Town & Country Real Estate | |||
Property Highlights
Interior Details
Appliances: Electric Water Heater
Exterior Details
Year Built: 1955
Levels: One
Pool Features: None
Lot Size Area: 13068
Lot Size Units: Square Feet
Lot Size Acres: 0.3
Lot Size Square Feet: 13068
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Electric, Forced Air
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 |
|---|---|---|---|---|---|---|---|
|
05/20/2015
| |
Studio
|
-
|
-
|
$429,900
Studio
-
|
$390,000
-9.28%
08/13/2015
|
Stephanie Norvell
Town & Country Real Estate
|
Building Info
About Bostonia
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Listed by: Chris Anderson, Town & Country Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150027991
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150027991
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