$630,000
●
House -
Off Market
1218 MERRITT DR
El Cajon, CA 92020
3 Beds
2 Baths,
1
Half Bath
2,204 Ft²
$1,002,715
RealtyHop Estimate
57.91%
Since Jun 1, 2019
CA-San Diego
Primary Model
About This Property
PRICED $635,000 ABSOLUTELY STUNNING PANORAMIC VIEWS FROM THIS
BEAUTIFULLY REMODELED HOME AND THIS ONE IS LOADED, INCLUDING
GORGEOUS KITCHEN WITH NEWER CABINETS, GRANITE COUNTERS, STAINLESS
APPLIANCES AND PANTRY, HUGE LIVING ROOM, WOOD LAMINATE FLOORING,
RECESSED LIGHTING, REMODELED BATHS, LARGE MASTER BEDROOM WITH WALK
IN CLOSET AND WET BAR, MASTER BATH HAS A DUAL VANITY WITH WALK IN
TILED SHOWER AND DUAL SHOWER HEADS, PAID FOR SOLAR PANELS, 2 CAR
GARAGE PLUS LOTS OF EXTRA PARKING & MORE Neighborhoods: MT. MERRITT
Equipment: Range/Oven Other Fees: 0 Sewer: Septic
Installed Topography: ,,GSL,SSLP
Unit Size
2,204 Ft²
Days on Market
63 days
Land Size
0.27 acres
Price per sqft
$288
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013
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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: 5 months ago (SDMLS #190015139)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2019 | Sold | ||
| Sold | |||
| Mar 23, 2019 | No longer available | - | |
| No longer available | |||
| Mar 21, 2019 | Listed by Keller Williams Realty | $635,000 | |
| Listed by Keller Williams Realty | |||
| Jan 24, 2019 | Listed | $669,000 | |
| Listed | |||
| | |||
|
ABSOLUTELY STUNNING PANORAMIC VIEWS FROM THIS BEAUTIFULLY REMODELED HOME AND THIS ONE IS LOADED, INCLUDING GORGEOUS KITCHEN WITH NEWER CABINETS, GRANITE COUNTERS, STAINLESS APPLIANCES AND PANTRY, HUGE LIVING ROOM, WOOD LAMINATE FLOORING, RECESSED LIGHTING, REMODELED BATHS, LARGE MASTER BEDROOM WITH WALK IN CLOSET AND WET BAR, MASTER BATH HAS A DUAL VANITY WITH WALK IN TILED SHOWER AND DUAL SHOWER HEADS, PAID FOR SOLAR PANELS, 2 CAR GARAGE PLUS EXTRA BOAT OR RV PARKING AND MUCH MORE. The manager has listed the unit size as 2204 square feet.
| |||
| Jan 22, 2014 | Sold | ||
| Sold | |||
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
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Baths
ft²
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HOA + Taxes
About Casa de Oro-Mount Helix
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Listed by: Gregg Phillipson, Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190015139
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190015139
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