$599,000
●
House -
Off Market
1562 Norran Avenue
El Cajon, CA 92019
3 Beds
1 Bath,
1
Half Bath
1,735 Ft²
$796,298
RealtyHop Estimate
32.94%
Since Feb 1, 2021
CA-San Diego
Primary Model
About This Property
Corner Lot Cutie!! 3 Bedroom Mint Condition home, Almost Original
Owner. Permitted addition boasts a Spacious Kitchen with plenty of
storage cabinets, counter tops, Plus room for the whole family!
Kitchen island has stove and eat around bar, plus room for a
full-size dining room table. Newer French Door Refrigerator stays.
Kitchen Opens to the Family Room with Wood burning stove. Spacious
Master Bedroom has walk in closet. Newer Dual paned windows thru
out home. Jack and Jill 1/2 Bathroom in between bedrooms.
Central Heating and A/C, plus Whole house Fan. Ceiling Fans.
Laundry in Garage with utility sink. Drought tolerant/Low
Maintenance front yard with landscaped rock river and succulents.
Covered Patio and Green lawn/plus more Succulents in the back too.
Mature orange and apple trees. Programmable Drip irrigation system.
Also in the back is a Custom built 10 x 8 Shed with Electrical and
its own wall A/C unit, Can you say ... Man Cave or She Shed?? Walk to
Granite Hills High School, Montgomery Middle School and Kennedy
Park.
Unit Size
1,735 Ft²
Days on Market
56 days
Land Size
0.14 acres
Price per sqft
$345
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: 2 years ago (SDMLS #PTP2001720)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 22, 2021 | Sold | ||
| Sold | |||
| Nov 10, 2020 | Listed by Coldwell Banker West | $599,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Andrew Pheasant, Coldwell Banker West
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2001720
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2001720
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