$610,000
●
House -
Off Market
1616 Cono Dr
El Cajon, CA 92020
4 Beds
2 Baths,
1
Half Bath
2,372 Ft²
$1,228,404
RealtyHop Estimate
89.01%
Since Jan 1, 2016
CA-San Diego
Primary Model
About This Property
Beautiful family home in sought after Avocado Highlands! Move-in
Ready! Large corner lot location. Marble flooring,
laminated wood, and carpet. Vaulted ceilings in the Formal
Living Room, a Formal Dining Room, and an open kitchen w/granite
counters & breakfast bar, cozy brick fireplace & wet-bar in the
Family Room. Spacious MBR w/ laminate wood flooring, soaking
tub & walk-in closet in master bath. Very nicely landscaped
front & backyards, inviting front patio w/stamped concrete. Awesome
Curb Appeal! Neighborhoods: Avocado Highlands Equipment:
Dryer,Fire Sprinklers,Garage Door Opener, Range/Oven, Washer
Other Fees: 0 Sewer: Sewer Connected Topography: RSLP
Unit Size
2,372 Ft²
Days on Market
63 days
Land Size
-
Price per sqft
$274
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #150055031)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 11, 2020 | In contract | - | |
| In contract | |||
| Aug 7, 2020 | Listed | $797,000 | |
| Listed | |||
| | |||
|
Gorgeous corner lot home in the wonderful Avocado Highlands community! This perfect family home is move-in ready. Lovely entryway with large trees and a stone path. New roof installed. Modern styled decor inside home. Elegant marble flooring downstairs, with laminate wood and tile upstairs. Great sized kitchen with some stainless steel appliances and stone countertops. Fireplace centered in family room. Outdoor space is amazing for entertaining with a patio and turf area. Do not miss out on this home! The manager has listed the unit size as 2372 square feet.
| |||
| Dec 10, 2015 | Sold | ||
| Sold | |||
| Oct 8, 2015 | Listed by Coldwell Banker West | $649,900 | |
| Listed by Coldwell Banker West | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About El Cajon
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Listed by: Joe Lyons, Coldwell Banker West
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150055031
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150055031
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