$225,000
●
Condo -
Off Market
1604 Montecito #9
Ramona, CA 92065
3 Beds
2 Baths
1,248 Ft²
$389,683
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model
About This Property
Great opportunity for investors or first time home buyer.
Rare 3 br, 2 ba condo on the bottom level. Excellent location
near schools, shopping and downtown Ramona. Complex features
sparkling pool, laundry facility and parking space for 1 car.
Security gate Neighborhoods: Sun Casa Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,248 Ft²
Days on Market
75 days
Land Size
0.90 acres
Price per sqft
$192
Property Type
Condo
Property Taxes
-
HOA Dues
$180
Year Built
-
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Cap Rate Calculator
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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 #170004798)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2017 | Sold | ||
| Sold | |||
| Jan 27, 2017 | Listed by Realty ONE Group San Diego | $239,000 | |
| Listed by Realty ONE Group San Diego | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Guest
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Appliances: Electric Water Heater, Disposal
Laundry Features: Common Area, See Remarks
Exterior Details
Has Property Attached
Square Footage: 1248
Year Built: 1981
Levels: One
Patio and Porch Features: Concrete
Pool Features: Community
Lot Size Area: 39241
Lot Size Units: Square Feet
Lot Size Acres: 0.9
Lot Size Square Feet: 39241
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Location Details
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: Rosa Guerra, Realty ONE Group San Diego
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170004798
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170004798
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