$610,000
●
House -
Off Market
1349 Rimrock Dr
Escondido, CA 92027
4 Beds
3 Baths
2,802 Ft²
$937,926
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Custom home with sweeping VIEWS and massive amounts of STORAGE.
Wrap-around deck offers 660sqft of outdoor living space.
Remodeled kitchen features quartz counter-tops, custom
lighting, oven, gas cook top, wine fridge. Open concept entry
level includes master bedroom with attached full bath. Fireplace
both living and family rooms. Downstairs offers a huge
laundry / hobby room. Master bedroom with deep walk-in closet
and glass sliders to backyard. Oversized garage with 192sqft
storage loft. Neighborhoods: Escondido Equipment: Garage Door
Opener, Shed(s), Washer Other Fees: 0 Sewer: Sewer Connected
Unit Size
2,802 Ft²
Days on Market
81 days
Land Size
0.20 acres
Price per sqft
$221
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #180025134)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2022 | No longer available | - | |
| No longer available | |||
| Mar 12, 2022 | In contract | - | |
| In contract | |||
| Mar 6, 2022 | Listed by Windermere Homes & Estates | $985,000 | |
| Listed by Windermere Homes & Estates | |||
| | |||
|
Sweeping views of beautiful Escondido! This property is situated on a row of custom homes. As you enter you are greeted with a spectacular space. Bright and open floor plan. Not one, but two fireplaces. Modern kitchen with quartz countertops, gold plated hardware & a wine cooler. Wrap around deck. Great place to watch sunsets, hot air balloons, & even 4th of July fireworks! Downstairs offers a huge laundry room/gym. Lots of storage. Primary bedroom with a custom walk-in closet. Unwind after a day's work in the large tub. Oversized 2-car garage has a built-in loft for additional storage. There is no other home like this on the market, will go fast! The manager has listed the unit size as 2802 square feet.
| |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Garage
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
Beds
Baths
ft²
Price/ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Midway
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Listed by: John Zimmer, First Team Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180025134
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180025134
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