$510,000
●
House -
Off Market
1430 Banjo Lane
Ramona, CA 92065
4 Beds
3 Baths
2,650 Ft²
$840,720
RealtyHop Estimate
58.63%
Since Dec 1, 2017
National-US
Primary Model
About This Property
Welcome Home! This home marks all the boxes:White picket fence,
pool, 2 master suites, room for horses. Upstairs addition is
a master retreat with walk in closet. Downstairs is another
master suite and two bedrooms, old garage conversion is a gigantic
family room and laundry. Patio room was also enclosed. Detached 2
car garage with brand new driveway. Spacious, nicely updated and
seller has done TONS of work before listing. See VT for all photos.
Supplemental Remarks Kitchen recently updated, new
appliances, pool has lifetime resurface crystal tech shield. Brand
new concrete driveway, fencing replaced along back side of house,
all popcorn removed from downstairs rooms, new french doors in
upstairs master. This home is move in ready!.
Neighborhoods: Ramona Equipment: Range/Oven Other Fees:
0 Sewer: Septic Installed Topography: LL
Unit Size
2,650 Ft²
Days on Market
89 days
Land Size
0.67 acres
Price per sqft
$200
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976
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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 #170046172)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 22, 2017 | Sold | ||
| Sold | |||
| Aug 25, 2017 | Listed by Big Block Realty, Inc. | $530,000 | |
| Listed by Big Block Realty, Inc. | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Ramona
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Listed by: Deb Espinoza, Big Block Realty, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170046172
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170046172
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