$100,000
●
Condo -
Off Market
1604 Montecito Road #10
Ramona, CA 92065
3 Beds
2 Baths
1,248 Ft²
$209,759
RealtyHop Estimate
109.97%
Since Mar 1, 2013
National-US
Primary Model
About This Property
Investors, this is a huge 3 br. unit near the center of town. It
will provide a substantial return on your money. Owner Occupany
could live here for considerably less than rent. Complex is well
kept and near all. Complex Features: ,, Equipment: Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,248 Ft²
Days on Market
-
Land Size
-
Price per sqft
$80
Property Type
Condo
Property Taxes
-
HOA Dues
$180
Year Built
-
Payment Calculator
Home Price
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #120060501)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2013 | Sold | ||
| Sold | |||
| Dec 10, 2012 | Listed by Richard Zelmer | $99,900 | |
| Listed by Richard Zelmer | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Has Carport
Parking Features: Carport, Other, Uncovered
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: SeparateFormalDiningRoom
Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Tile
Laundry Features: Common Area, Electric Dryer Hookup, PropaneDryerHookup
Exterior Details
Has Property Attached
Square Footage: 1248
Square Footage Source: $0
Year Built: 1981
Levels: Two
Construction Materials: Stucco
Patio and Porch Features: None
Pool Features: In Ground
Lot Features: SprinklerSystem
Lot Size Units: Square Feet
Tax Lot: 1604Montecito1092065
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Trash
HOA Fee: $180
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 |
|---|---|---|---|---|---|---|---|
|
12/20/2024
|
2 Bed
|
2 Bath
|
884 ft²
|
$329,000
2 Bed
2 Bath
884 ft²
|
$330,500
+0.46%
02/06/2025
|
Beau Bradford
Beau Bradford, Broker
| |
|
09/28/2021
|
3 Bed
|
2 Bath
|
1339 ft²
|
$375,000
3 Bed
2 Bath
1339 ft²
|
-
-
|
SUSAN WU
NATIONWIDE REALTY
| |
|
07/29/2017
| |
3 Bed
|
2 Bath
|
1339 ft²
|
-
3 Bed
2 Bath
1339 ft²
|
-
-
|
-
|
|
03/17/2017
|
2 Bed
|
1 Bath
|
884 ft²
|
$135,000
2 Bed
1 Bath
884 ft²
|
$135,000
04/28/2017
|
Chris Jensen
Coldwell Banker Realty
| |
|
01/27/2017
|
3 Bed
|
2 Bath
|
1248 ft²
|
$239,000
3 Bed
2 Bath
1248 ft²
|
$225,000
-5.86%
04/12/2017
|
Rosa Guerra
Realty ONE Group San Diego
| |
|
12/10/2012
|
3 Bed
|
2 Bath
|
1248 ft²
|
$99,900
3 Bed
2 Bath
1248 ft²
|
$100,000
+0.10%
02/07/2013
|
Richard Zelmer
Richard Zelmer
|
Building Info
About Ramona
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Listed by: Richard Zelmer, Richard Zelmer
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120060501
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120060501
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