$862,300
●
House -
Off Market
1224 Armstrong Circle
Escondido, CA 92027
4 Beds
2 Baths
1,607 Ft²
$4,296
Est. Monthly
About This Property
Welcome to this beautiful fully remodeled single-story home, where
modern elegance meets comfort. The open floorplan creates a
seamless flow, perfect for both daily living and entertaining. The
expansive kitchen is a chef's dream, featuring stunning quartz
countertops, brand new appliances, and a convenient breakfast bar.
Just off the kitchen, the cozy family room invites you to relax by
the fireplace or open up the glass sliding doors which provide easy
access to the patio, perfect for indoor-outdoor living. Vinyl
flooring runs throughout the home, providing both durability and
style. The luxuriously upgraded bathrooms add a touch of spa-like
serenity to your daily routine. Nestled in a great neighborhood
with no HOA, this home offers the best of both privacy and
convenience. Located close to parks, schools, shopping centers, and
freeways, everything you need is just moments away. Don't miss this
opportunity!
Unit Size
1,607 Ft²
Days on Market
35 days
Land Size
0.14 acres
Price per sqft
$544
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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: 13 months ago (SDMLS #NDP2408486)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by Real Broker | $874,900 | |
| Listed by Real Broker | |||
| | |||
|
Welcome to this beautiful fully remodeled single-story home, where modern elegance meets comfort. The open floorplan creates a seamless flow, perfect for both daily living and entertaining. The expansive kitchen is a chef’s dream, featuring stunning quartz countertops, brand new appliances, and a convenient breakfast bar. Just off the kitchen, the cozy family room invites you to relax by the fireplace or open up the glass sliding doors which provide easy access to the patio, perfect for indoor-outdoor living. Vinyl flooring runs throughout the home, providing both durability and style. The luxuriously upgraded bathrooms add a touch of spa-like serenity to your daily routine. Nestled in a great neighborhood with no HOA, this home offers the best of both privacy and convenience. Located close to parks, schools, shopping centers, and freeways, everything you need is just moments away. Don't miss this opportunity!
| |||
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 Midway
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Listed by: George Fillippis, Real Broker
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2408486
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2408486
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