$659,000
●
House -
Off Market
1284 Summit Place
Escondido, CA 92025
3 Beds
2 Baths
2,420 Ft²
$1,169,694
RealtyHop Estimate
77.50%
Since Jan 1, 2016
National-US
Primary Model
About This Property
HUGE PRICE REDUCTION! Beautiful Colonial style home located on a
huge, private & secluded cul-de-sac. This stunning home features
sweeping panoramic views that sits on 1.03 acres of usable land
perfect for adding a pool/spa, guest house, RV or stable for
horses. Cozy rustic interior features living room, designated
dining area, separate family room, elegant granite counter tops in
spacious kitchen, and three large bedrooms, including master suite
with access to wrap around deck to enjoy endless views!
Neighborhoods: Southeast Escondido Equipment: Garage Door Opener,
Range/Oven Other Fees: 0 Sewer: Septic Installed Topography:
,LL,GSL
Unit Size
2,420 Ft²
Days on Market
59 days
Land Size
1.03 acres
Price per sqft
$272
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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Cap Rate Calculator
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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 #150055598)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2018 | Sold | ||
| Sold | |||
| Feb 3, 2018 | Listed by Rogan and Associates | $769,000 | |
| Listed by Rogan and Associates | |||
 | |||
|
Beautifully upgraded custom home on a private cul-de-sac. The stunning 2420 sq. ft. home features gorgeous panoramic views and sits on 1.03 usable acres. The recently upgraded interior features large expansive rooms with natural light, new flooring and paint, a completely remodeled downstairs bathroom with double sink and quartz counters, new baseboards, new tankless water heater, new garage doors, and so much more. The master suite has its own brick fireplace and opens to a large (see supplement) Neighborhoods: South Escondido Architectural Style: Custom Built View: Custom Built Equipment: Garage Door Opener, Range/Oven, Shed(s) Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL
| |||
| Dec 11, 2015 | Sold | ||
| Sold | |||
| Oct 13, 2015 | Listed by eXp Realty of California Inc | $659,000 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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HOA + Taxes
About East Canyon
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Listed by: Sonia Azizi, eXp Realty of California Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150055598
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150055598
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