1604 Montecito Road #11
About This Property
The manager has listed the unit size as 1339 square feet.
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2022 | No longer available | - | |
| No longer available | |||
| Jun 2, 2022 | Listed | $435,000 | |
| Listed | |||
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Beautiful and spacious 3 bd/2 ba condo in the gated community of Sun Casas! Located on the 2nd floor with no upstairs neighbors, it is ready to be made yours. The living room offers lots of natural light and opens to the dining area with ceiling fan and is adjacent to the kitchen with granite countertops, decorative backsplash, and wood cabinetry. All of the bedrooms have wood flooring and the primary bedroom offers a private balcony and an en-suite bathroom with dual sink vanity and a shower. The manager has listed the unit size as 1339 square feet.
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| May 21, 2022 | No longer available | - | |
| No longer available | |||
| Mar 23, 2022 | Price Decreased |
$439,000
↓ $990
(0.2%) | |
| Price Decreased | |||
| Feb 18, 2022 | Listed | $439,990 | |
| Listed | |||
| | |||
|
This lovely 3B/2B condo is located in the heart of Ramona city, San Diego county. It is in a very good location that is conveniently located to downtown Ramona's stores, banks, schools, and restaurants. The gated community has a nice pool for swimming. This condo is on the second floor with a tropical view and 3 nice sized bedrooms. The newly updated kitchen has granite counter tops and cabinets. There are two big balconies for sitting and enjoying. Low HOA fee. This is a good option for first time buyers or investment. Don't miss this opportunity to buy. The manager has listed the unit size as 1339 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
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
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017