$389,000
●
Multifamily -
Off Market
1409 Buckeye Drive
El Cajon, CA 92021
Studio
0 Bath
$802,993
RealtyHop Estimate
103.29%
Since Dec 1, 2014
CA-San Diego
Primary Model
About This Property
Great investment property. Each unit is a spacious 3 bedroom,
single story with washer/dryer, central air and heat, stove &
refrigerator. There is parking for 3 cars. Newly painted exterior.
Seller has upgraded many aspects of the interior during her
tenure of ownership. Small pets allowed with increased pet deposit.
DO NOT DISTURB TENANTS unless your licensed agent has a
confirmed apt with tenants. SELLER HAS NEVER RESIDED IN PROPERTY.
BUYERS TO VERIFY AND APPROVE ALL DATA, REPORTS, RECORDS,
INSPECTIONS, EASEMENTS, PERMITS,RESTRICTIONS, MLS, IF APPLICABLE
AND ALL INFORMATION PERTAINING TO PROPERTY PRIOR TO REMOVAL OF
CONTINGENCIES. These items convey for each: fridge,
oven/range, washer, dryer, garbage disposal. Neighborhoods:
El Cajon Land Co. Other Fees: 0 Sewer: Sewer Connected Number of
Furnished Units: 0 Topography: LL
Unit Size
-
Days on Market
38 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Operating Profit Per Year
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 #140054339)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2014 | Sold | ||
| Sold | |||
| Oct 3, 2014 | Listed by Oceanfront Mortgage, Inc. | $395,000 | |
| Listed by Oceanfront Mortgage, Inc. | |||
Property Highlights
Air Conditioning
Exterior Details
Year Built: 1972
Levels: One
Pool Features: None
Lot Size Area: 10018
Lot Size Units: Square Feet
Lot Size Acres: 0.23
Lot Size Square Feet: 10018
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/03/2014
| |
Studio
|
-
|
-
|
$395,000
Studio
-
|
$389,000
-1.52%
11/10/2014
|
Earl Lewis
Park Place Realty & Asset Mgmt
|
Building Info
About Bostonia
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Listed by: Earl Lewis III, Oceanfront Mortgage, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140054339
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140054339
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