$400,000
●
House -
Off Market
1231 Poplar Street
Ramona, CA 92065
3 Beds
2 Baths
2,175 Ft²
$607,039
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
*** PRICE REDUCED *** PRICE REDUCED *** PRICE REDUCED ***PRICE
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This Horse Property Proves That Two Homes Are Better Than One
Featuring an electric gated entrance leading to 2 large residences with stunning views.
The main home is spacious Light and bright open floor plan, 3 bedroom, 2 baths, living room with stone fireplace.
Separate laundry room. Spacious master suite With Fire Place, Ensuite Features double sink vanity, tile walk in shower and walk-in closet.
***The 2nd residence is 3 bedrooms, 2 baths with living room and kitchen For your Mother In Law Or possibly Great income potential with this 2nd home!!! (un-permitted and not included in the SF) Property has horse feed storage & tack room. Great HORSE RANCH featuring an area to ride the horse trails of the Cleveland National Forest and other trails through Ramona. Lots of Room for horses, horse trailer, RV, pool and so many other toys. Newer Well, Electric Gate Entrance, Back Deck and Sun Room. Tankless Water Heater, Room To Grow, Completely Fenced In. With a some TLC This property has much to offer!!
This Horse Property Proves That Two Homes Are Better Than One
Featuring an electric gated entrance leading to 2 large residences with stunning views.
The main home is spacious Light and bright open floor plan, 3 bedroom, 2 baths, living room with stone fireplace.
Separate laundry room. Spacious master suite With Fire Place, Ensuite Features double sink vanity, tile walk in shower and walk-in closet.
***The 2nd residence is 3 bedrooms, 2 baths with living room and kitchen For your Mother In Law Or possibly Great income potential with this 2nd home!!! (un-permitted and not included in the SF) Property has horse feed storage & tack room. Great HORSE RANCH featuring an area to ride the horse trails of the Cleveland National Forest and other trails through Ramona. Lots of Room for horses, horse trailer, RV, pool and so many other toys. Newer Well, Electric Gate Entrance, Back Deck and Sun Room. Tankless Water Heater, Room To Grow, Completely Fenced In. With a some TLC This property has much to offer!!
Unit Size
2,175 Ft²
Days on Market
98 days
Land Size
2.39 acres
Price per sqft
$183
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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 (CRMLS #SW18212775)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2018 | Sold | ||
| Sold | |||
| Aug 30, 2018 | Listed by Authority Real Estate | $399,000 | |
| Listed by Authority Real Estate | |||
Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Ramona
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Listed by: Linda Belikoff, Authority Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18212775
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SW18212775
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