$253,000
●
Condo -
Off Market
1476 Normandy Drive
Chula Vista, CA 91913
3 Beds
2 Baths,
1
Half Bath
1,429 Ft²
$426,083
RealtyHop Estimate
113.04%
Since Oct 1, 2013
CA-San Diego
Primary Model
About This Property
Belleme at Otay Ranch makes an unforgettable impression as a
newcomer to Otay Ranch. From the exterior charm of the French
Country architecture to the inviting interiors, this beautiful
collection of residences has exceptional features. Enhancing this
neighborhood is Club Belleme, offering a swimming pool, spa,
recreation and barbecue areas exclusively for Belleme residents.
Neighborhoods: Otay Ranch Equipment: Garage Door Opener, Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,429 Ft²
Days on Market
102 days
Land Size
6.42 acres
Price per sqft
$140
Property Type
Condo
Property Taxes
-
HOA Dues
$185
Year Built
2004
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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 #130031420)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2013 | Sold | ||
| Sold | |||
| Jun 17, 2013 | Listed by ParaCapital Group | $200,000 | |
| Listed by ParaCapital Group | |||
Property Highlights
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Disposal, Microwave
Laundry Features: In Garage, See Remarks
Exterior Details
Has Property Attached
Square Footage: 1429
Square Footage Source: $0
Year Built: 2004
Levels: Two
Construction Materials: Stucco
Pool Features: None
Lot Size Area: 279655
Lot Size Units: Square Feet
Lot Size Acres: 6.42
Lot Size Square Feet: 279655
Tax Lot: 1476Normandy91913
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, See Remarks
Location Details
HOA Fee: $185
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
06/17/2013
| |
3 Bed
|
2 Bath
|
1429 ft²
|
$200,000
3 Bed
2 Bath
1429 ft²
|
$253,000
+26.50%
09/27/2013
|
Evan Banning
ParaCapital Group
|
Building Info
About Otay Ranch
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Listed by: Evan Banning, ParaCapital Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130031420
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130031420
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