$722,000
●
House -
Off Market
1568 Ravinia Dr
Chula Vista, CA 91913
5 Beds
3 Baths,
1
Half Bath
3,489 Ft²
$1,139,825
RealtyHop Estimate
57.22%
Since Aug 1, 2019
CA-San Diego
Primary Model
About This Property
PAID OFF SOLAR! This beautiful home has an open floor plan with 5
bedrooms plus a large loft. One bedroom & 1.5 baths are located
downstairs as well as access to the 3 car garage & large laundry
room. Great curb appeal featuring a custom gate entry!
Some features include high ceilings, recessed lighting,
wrought iron staircase, built-ins, an open kitchen with SS
appliances & custom tile backsplash open to the large family room
with a fireplace! Formal living, formal dining, & bonus area.
Upstairs has the master bedroom suite with impressive two
walk-in closets, great size loft, & 3 other bedrooms with full
bath. The backyard is incredible with tons of space to entertain &
play in the grass! Avocado, lemon, & kumquat trees! (Plumbed
for a hot tub!) super low HOA fee!. Neighborhoods: Otay
Ranch Complex Features: ,, Equipment: Satellite Dish Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
3,489 Ft²
Days on Market
41 days
Land Size
0.16 acres
Price per sqft
$208
Property Type
House
Property Taxes
-
HOA Dues
$25
Year Built
2004
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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 #190029668)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Redfin Corporation | $725,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
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
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Otay Ranch
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Listed by: Kellie Martinez, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190029668
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190029668
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