$268,000
●
Condo -
Off Market
1602 Summertime
El Cajon, CA 92021
3 Beds
1 Bath,
1
Half Bath
1,136 Ft²
$496,844
RealtyHop Estimate
81.33%
Since Sep 1, 2016
CA-San Diego
Primary Model
About This Property
Nice/clean 3 bedroom unit w/spacious family room. Great
location-close to shopping, freeways, restaurants, schools & more.
Easy access to public transportation. New windows , new laminate
floors in family room, Corian kitchen counter-tops, refrigerator,
washer & dryer, garage w/remote, jacuzzi tub, spacious patio with
laundry closet large enough for full size washer & dryer included.
Perfect for small family or first time buyer. COMPLEX IS GOING
THROUGH EXTERIOR RENOVATIONS & UNIT WILL BE UPGRADED SOON.
Neighborhoods: Pepper Drive Estataes Equipment: Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,136 Ft²
Days on Market
66 days
Land Size
-
Price per sqft
$241
Property Type
Condo
Property Taxes
-
HOA Dues
$307
Year Built
1972
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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 #160032156)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 17, 2016 | Sold | ||
| Sold | |||
| Jun 12, 2016 | Listed by Rock Solid Real Estate Co. | $274,000 | |
| Listed by Rock Solid Real Estate Co. | |||
Property Highlights
Air Conditioning
Parking Available
Parking Details
Has Garage
Parking Features: Assigned, Driveway
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: SeparateFormalDiningRoom
Appliances: Disposal, Microwave
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Outside
Exterior Details
Has Property Attached
Square Footage: 1136
Year Built: 1974
Levels: Two
Construction Materials: Brick, Wood Siding
Patio and Porch Features: Concrete
Pool Features: Community
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Location Details
HOA Fee: $307
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2016
| |
3 Bed
|
1 Bath
|
1136 ft²
|
$274,000
3 Bed
1 Bath
1136 ft²
|
$268,000
-2.19%
08/17/2016
|
Peter Rocca
Rock Solid Real Estate Co.
|
Building Info
About Bostonia
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Listed by: Peter Rocca, Rock Solid Real Estate Co.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160032156
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160032156
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