$485,000
●
House -
Off Market
1400 Rincon
Escondido, CA 92025
3 Beds
2 Baths
2,004 Ft²
$925,601
RealtyHop Estimate
78.03%
Since Jul 1, 2015
National-US
Primary Model
About This Property
2 UNIT CUSTOM HOME! Main home 2br 1ba IMMACULATEw/burnt
birchwood hardwood floors, slate floors, upgraded plumbing,
heating, central air, windows, fencing, & electrical. Gourmet
kitchen with abundant storage, breakfast bar, built in desk,
microwave, recessed lighting, and large walk in pantry.Guest Area
1br 1ba w/kitchenette private entry. Tucked away in the Escondido
hills with panoramic views, and a HUGE useable lot. RV Parking,
boat storage, and room to grow. 8+ parking spots 3car
Carport! COME SEE! Neighborhoods: Old Escondido Equipment:
Range/Oven Other Fees: 0 Sewer: Septic Installed
Topography: LL,GSL
Unit Size
2,004 Ft²
Days on Market
217 days
Land Size
0.63 acres
Price per sqft
$259
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #140060064)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 12, 2020 | In contract | - | |
| In contract | |||
| Nov 7, 2020 | No longer available | - | |
| No longer available | |||
| Nov 4, 2020 | Listed | $750,000 | |
| Listed | |||
| | |||
|
Gorgeous hilltop turn-key home on a quiet private road featuring 2 bedrooms 1 bath in the main home and a 1 bed 1 bath downstairs studio is ready to be yours. Separate living areas create an excellent opportunity for extra income potential or can be used as an additional dwelling unit for family or even a giant master! This property features fresh interior paint, recessed lighting, oversized baseboard molding, tons of space, an updated electrical panel and wiring inside, and a Nest smart thermostat. The manager has listed the unit size as 2004 square feet.
| |||
| Jun 11, 2015 | 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
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About Central Escondido
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Listed by: Joe Green, Green Team Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140060064
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140060064
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