$589,900
●
House -
Off Market
1589 Franceschi Dr
Chula Vista, CA 91913
4 Beds
2 Baths,
1
Half Bath
1,790 Ft²
$894,795
RealtyHop Estimate
51.69%
Since Apr 1, 2020
CA-San Diego
Primary Model
About This Property
Newer Tuscan style detached home in Otay Ranch on a premium lot.
Open concept downstairs with a den/family/great room; large pantry
with French glass door; S.S. appliances, granite counter tops and
backsplash, espresso color upgraded cabinets; Plantation shutters
and fans throughout;4 bedrooms and laundry all upstairs. Large walk
in closet in master bedroom; Stamped concrete low maintenance
patio; high quality laminate floors; solar panels. Walking distance
to newest schools in Chula Vista. Newer construction, built
in 2016, owners paid upgraded electrical package as well as
installation for Cat. 5 wiring. Gourmet kitchen with espresso
stained wood and large gourmet center island. Ceiling fans in every
room. Energy saving features such as Low E-dual glazed windows and
doors throughout with double caulking. With new parks and amenities
within walking distance. Minutes to the Otay Ranch Town Center,
close to downtown San Diego, and easy driving to Imperial Beach and
Coronado beaches.. Neighborhoods: Otay Ranch Montecito Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,790 Ft²
Days on Market
59 days
Land Size
-
Price per sqft
$330
Property Type
House
Property Taxes
-
HOA Dues
$69
Year Built
2016
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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: 5 months ago (SDMLS #200000891)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2020 | Sold | ||
| Sold | |||
| Jan 6, 2020 | Listed by Berkshire Hathaway HomeService | $589,900 | |
| Listed by Berkshire Hathaway HomeService | |||
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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Status
Status
Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Otay Ranch
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Listed by: Alex Sidransky, Berkshire Hathaway HomeService
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200000891
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200000891
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