$615,000
●
House -
Off Market
1278 El Mio Dr
El Cajon, CA 92020
3 Beds
2 Baths
1,860 Ft²
$985,957
RealtyHop Estimate
59.03%
Since May 1, 2019
CA-San Diego
Primary Model
About This Property
Seller will entertain offers between $540,000-$620,000. A very well
cared for home with numerous upgrades for YOUR benefit including
owned solar panels, tankless water heater, furnace & A/C installed
in 2014, 7 solar tubes, recessed lighting, crown moulding, dual
pane windows, plantation shutters, wood laminate flooring in
bedrooms, fireplace in living room & family room featuring
beautiful wood vaulted ceiling & amazing sit down views of El Cajon
Valley & twinkling lights at night. Must read supplement!
Living Room: Wood burning fireplace, crown moulding,
plantation shutters, solar tube and open to Dining Room.
Kitchen with wood laminate flooring and solar tube is open to
Family Room. Family Room: Beautiful wood vaulted ceilings, 2
solar tubes, lighted ceiling fan, gas/wood burning fireplace
with brick hearth, AND AMAZING sit down views of El Cajon Valley.
Serene Master Bedroom with dual pane windows, mirrored closet
doors, crown moulding, lighted ceiling fan and wood laminate
flooring. Master Bath: tile flooring and shower, dual pane
windows, plantation shutters. Bedroom 2: Lighted ceiling fan,
Crown moulding, dual pane windows, wood laminate flooring.
Bedroom 3/Office with recessed lighting, crown moulding, dual
pane windows, plantation shutters, wood laminate flooring.
Hall Bathroom: Solar Tube, tub/shower combo, newer sink
faucets. Laundry Room with plenty of storage and door to back
yard.. Neighborhoods: Fletcher Hills Equipment: Garage Door
Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,860 Ft²
Days on Market
29 days
Land Size
0.17 acres
Price per sqft
$333
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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 #190015889)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 9, 2020 | Sold | ||
| Sold | |||
| Jun 16, 2020 | In contract | - | |
| In contract | |||
| Jun 10, 2020 | Listed by eXp Realty of California Inc | $699,900 | |
| Listed by eXp Realty of California Inc | |||
| | |||
|
Priced from $699K-$725K. Panoramic views with eco-friendly upgrades such as paid off solar panels, tankless water heater, and dual pane windows in an incredibly convenient location. This newly renovated home features soaring vaulted ceilings and a very well thought out floorplan. Recent upgrades include two entirely remodeled bathrooms, all new flooring, new kitchen, and an added double door to the back patio. This home has amazing natural light enhanced by 7 solar tubes strategically placed throughout. Enjoy the serene views of the El Cajon valley from your backyard in Fletcher Hills. This home is conveniently located near the 8, close to schools, a lovely dog park, medical facilities, and just minutes away from the best shopping and restaurants San Diego has to offer. Look no further, this home checks all the boxes for even the most discerning buyers.. Neighborhoods: Fletcher Hills Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Apr 18, 2019 | Sold | ||
| Sold | |||
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Property Highlights
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 El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Angela Hamann, Pacific Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190015889
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190015889
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