$690,000
●
House -
Off Market
1350 Merritt Dr.
El Cajon, CA 92020
4 Beds
2 Baths,
1
Half Bath
2,583 Ft²
$1,100,364
RealtyHop Estimate
57.22%
Since Aug 1, 2019
CA-San Diego
Primary Model
About This Property
This quiet, secluded and large four bedroom Ranch style single
level home has beautiful vaulted ceilings and maximized windows and
sliding doors to enhance both the indoor/outdoor space as well as
spectacular mountain views offset with lush greenery, trees and
succulents from every angle. There is plenty of storage between the
spacious kitchen cabinetry, 2 car garages and the open floor plan
expanding over 2,565 ESF. This charming space is ready for your
decorating ideas- (see supplemental.) it is an estate sale
waiting for you to make it your own. Great location it's a must
see!. Neighborhoods: El Cajon Equipment: Dryer, Washer
Other Fees: 0 Sewer: Septic Installed Topography: ,GSL
Unit Size
2,583 Ft²
Days on Market
177 days
Land Size
0.79 acres
Price per sqft
$271
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #190007042)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 23, 2019 | Sold | ||
| Sold | |||
| Jan 27, 2019 | Listed by Pacific Sotheby's Int'l Realty | $699,900 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
Fireplace
Garage
With View
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 Casa de Oro-Mount Helix
Similar Homes for Sale
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Listed by: Marc Lotzof, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190007042
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190007042
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