$505,000
●
House -
Off Market
1275 Lorna Ave
El Cajon, CA 92020
4 Beds
2 Baths
1,280 Ft²
$847,469
RealtyHop Estimate
61.45%
Since Sep 1, 2018
CA-San Diego
Primary Model
About This Property
Totally remodeled! Like new! This 4 bedrooms, 2 full bath, 2 car
garage is in a very desirable area, close to all, freeways,
shopping, transportation. New kitchen cabinets with stainless steel
appliances, new tile throughout, new carpet in the bedrooms, new
paint, new bathrooms and light fixtures, new windows and doors and
more to list. House is surrounded with new constructed homes. Large
backyard for your summer gatherings. Neighborhoods: Roland Terrace
Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,280 Ft²
Days on Market
48 days
Land Size
0.14 acres
Price per sqft
$410
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #180037041)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 17, 2021 | In contract | - | |
| In contract | |||
| Aug 7, 2021 | Listed by Coldwell Banker West | $649,900 | |
| Listed by Coldwell Banker West | |||
| | |||
|
Charmingly remodeled and move in ready! This 4 bedrooms, 2 full bath, 2 car garage is in a very desirable area, close to all, freeways, shopping, transportation. Newer kitchen cabinets with stainless steel appliances, newer tile throughout, newer carpet in the bedrooms, newer paint, newer bathrooms and light fixtures, newer windows and doors, newer AC, heater and water heater, tesla charging, wifi sprinklers, ADT installed, custom built media center and garage workstation. Large backyard with custom paver patio, market lights and the perfect amount of grass for your summer gatherings. House is surrounded with new constructed homes on private dead end quiet street. The manager has listed the unit size as 1280 square feet.
| |||
| Aug 23, 2018 | Sold | ||
| Sold | |||
| Jul 6, 2018 | Listed by Century 21 Award | $524,900 | |
| Listed by Century 21 Award | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Sold On
Sold On
HOA + Taxes
About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Melvina Selfani, Century 21 Award
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180037041
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180037041
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