$313,000
●
House -
Off Market
1229 Rees Road
Escondido, CA 92026
3 Beds
1 Bath
1,338 Ft²
$576,210
RealtyHop Estimate
85.87%
Since Jul 1, 2014
National-US
Primary Model
About This Property
BACK ON THE MARKET pending cancellation of current escrow. Great
opportunity for a charming home in a quiet neighborhood. This home
features a large .27 acre lot and plenty of extra space indoors
including a converted garage room with laundry. The dining room has
a solar tube type skylight and there is newer furnace. Lots of
opportunity for young family to add their own touches!
Neighborhoods: Country Club Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,338 Ft²
Days on Market
207 days
Land Size
0.27 acres
Price per sqft
$232
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #130062603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 20, 2020 | In contract | - | |
| In contract | |||
| Dec 10, 2020 | Listed | $569,000 | |
| Listed | |||
| | |||
|
Fully renovated home with an amazing backyard on a huge lot! The main home is a 3 Bed/1 Bath plus a studio with a separate entrance featuring a renovated kitchen and bath. Property offers a quiet location, gorgeous kitchen, renovated bathrooms, new flooring, lighting, windows and shutters. Freshly painted inside, newer stucco, paver hardscape and a huge 20’x12” shed/storage. Backyards is an entertainer’s dream with fruit trees, terraces and room to grow. Patio cover with fans is a great place to relax! The manager has listed the unit size as 1338 square feet.
| |||
| Jun 27, 2014 | Sold | ||
| Sold | |||
| Dec 2, 2013 | Listed by Alliance Group | $310,000 | |
| Listed by Alliance Group | |||
Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Sold On
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HOA + Taxes
About Country Club
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Currently no similar homes aroundNearby Rentals
Listed by: Glen Henderson, Alliance Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130062603
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130062603
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