$725,000
●
House -
Off Market
1574 Solano Dr
Chula Vista, CA 91913
5 Beds
3 Baths
3,006 Ft²
$1,137,403
RealtyHop Estimate
56.88%
Since Jul 1, 2019
CA-San Diego
Primary Model
About This Property
Pristine home on a corner lot in an established neighborhood.
Upgrades throughout including hardwood flooring or tile in
every room. Enter through a bright, soaring foyer. Just beyond is a
large formal dining and living area. Kitchen features newer
stainless steel appliances, granite counters & open layout. Huge
master bedroom with room for a sitting area. Master bath includes
separate shower and tub with a double walk-in closet. Downstairs
bedroom near full bath is ideal for nanny or guests.
Multifunctional, large & open loft! Incredible backyard with
a gazebo for al fresco dining. Expansive views from elevated lot
provide beautiful sunsets and nightscapes of the city. Enjoy
being blocks from a park and minutes to schools and the Otay Ranch
Town Center with easy freeway access!. Neighborhoods: Otay
Ranch Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
3,006 Ft²
Days on Market
36 days
Land Size
0.15 acres
Price per sqft
$241
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 #190023485)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 6, 2019 | Sold | ||
| Sold | |||
| May 1, 2019 | Listed by Redfin Corporation | $725,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Otay Ranch
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Listed by: Kellie Martinez, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190023485
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190023485
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