$545,000
●
House -
Off Market
1502 Clarke Dr
El Cajon, CA 92021
4 Beds
3 Baths
1,970 Ft²
$904,921
RealtyHop Estimate
64.53%
Since Jan 1, 2019
CA-San Diego
Primary Model
About This Property
Energy efficient, single level, 4 bedroom, 3 bathroom house on
corner lot with pool. This property comes with solar electric
panels, solar heat for pool, retrofit dual-paned windows, solar
light tubes, low flow toilets & fixtures, plus low maintenance,
fully landscaped yard, with automatic drip irrigation. Great
floor plan with remodeled kitchen, dual master suites, cork floors,
two car attached garage, plus charming yard with tropical
waterfall. It even has separate family room & bonus craft room.
A very well taken care of home with many upgrades: Stucco
Coating, HVAC system replaced in 2014, Roof replaced in 13 years
ago, Whole House Fan, Electric Awning on front porch, Cork Floors,
Remodeled Kitchen, Solar Tubes, and Solar System IS Owned..
Neighborhoods: Olive Hills Equipment: Garage Door Opener
Other Fees: 0 Sewer: Sewer Connected, Public Sewer
Topography: LL
Unit Size
1,970 Ft²
Days on Market
76 days
Land Size
0.18 acres
Price per sqft
$279
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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 #180055362)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2022 | No longer available | - | |
| No longer available | |||
| Aug 29, 2022 | In contract | - | |
| In contract | |||
| Aug 16, 2022 | Listed by Movoto Inc | $749,900 | |
| Listed by Movoto Inc | |||
| | |||
|
This Single Level, Corner lot pool house has it all !! This single story home features 4 bedrooms, 3 bathrooms, wood cork flooring, stone counters, ceiling fans,Whole house fan, Slolatube lighting, an automated awning on the front patio, tankless water heater and a two car garage! Great yard that would be perfect for entertaining with waterfall and Owned solar for extra savings! Located in close proximity to freeway access, schools, and shopping. The manager has listed the unit size as 1970 square feet.
| |||
| Dec 18, 2018 | Sold | ||
| Sold | |||
| Oct 3, 2018 | Listed by Coldwell Banker West | $550,000 | |
| Listed by Coldwell Banker West | |||
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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HOA + Taxes
About El Cajon
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Listed by: Amy Saflar, Coldwell Banker West
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180055362
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180055362
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