$520,000
●
House -
Off Market
1202 Lorna Ave
El Cajon, CA 92020
4 Beds
2 Baths
1,265 Ft²
$826,118
RealtyHop Estimate
56.49%
Since Jan 1, 2020
CA-San Diego
Primary Model
About This Property
If you are looking for the perfect move in ready home this is it! 4
bed, 2 bath, 1,265 square feet, beautifully updated, hand textured
walls, original hardwood floors, travertine in the kitchen,
fireplace, newer windows, 200 amp electrical panel, central heat &
air, whole house fan, large yard with 12' x 16' shed. Close to
shopping, easy freeway access, good school district. Property would
also make a great rental! Pride of ownership shows throughout
this home. Perfect home for a family. Neighborhoods: Roland
Terrace Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,265 Ft²
Days on Market
73 days
Land Size
-
Price per sqft
$417
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #190055193)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2023 | No longer available | - | |
| No longer available | |||
| Nov 20, 2023 | Listed by Keller Williams Realty | $779,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Home has 1,265 sq'. In 2019 the home was beautifully updated, hand textured walls, original hardwood floors, travertine in the kitchen, fireplace, newer windows, 200-amp electrical panel, central heat & air, whole house fan, large yard with q 12' x 16' shed. Close to shopping, easy freeway access, good school district. Property would also make a great rental! The manager has listed the unit size as 1265 square feet.
| |||
| Dec 19, 2019 | Sold | ||
| Sold | |||
| Oct 7, 2019 | Listed by Steven G Fraioli & Associates | $527,900 | |
| Listed by Steven G Fraioli & Associates | |||
| Aug 5, 2014 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About El Cajon
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Currently no similar homes aroundNearby Rentals
Listed by: Ryan DePrizio, Steven G Fraioli & Associates
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190055193
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190055193
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