1541 Ajay St
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2019 | Sold | ||
| Sold | |||
| Sep 5, 2019 | Listed by Dolan Realty Company | $728,000 | |
| Listed by Dolan Realty Company | |||
| Jul 26, 2019 | Sold | ||
| Sold | |||
| Jun 2, 2019 | Listed by Keller Williams SD Metro | $575,000 | |
| Listed by Keller Williams SD Metro | |||
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Built in 1978, in a quiet neighborhood of El Cajon, this Spanish style home is the perfect investor opportunity. With 9,030 SqFt of lot space, there's room for entertaining guests, adding a pool, and a gazebo. The home sits on a corner lot, and includes a family room, laundry room with washer and dryer, and a 3-Car Garage. Minutes away from freeways, restaurants, hike trails, golf courses, and community college! The house also includes all appliances, refrigerator, oven, microwave, and dishwasher. All measurements are approximate. Buyer's and Buyer's Broker/Agent should verify measurements and complete thorough inspections and investigations prior to Close of Escrow to satisfy themselves with the current condition of the property. Buyer(s) to verify and approve all data, reports, records, inspections, permits, MLS, HOA, if applicable and all information pertaining to the property prior to removal of contingencies. All contracts/offers are subject to seller approval and any offers or counteroffers by seller are not binding unless the entire agreement is ratified by all parties.. Neighborhoods: El Cajon Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
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About El Cajon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017