$490,000
●
House -
Off Market
1616 Madrone Gln
Escondido, CA 92027
3 Beds
3 Baths
1,412 Ft²
$717,246
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Welcome to this beautifully renovated home with amazing views. This
home features a brand new kitchen, all new bathrooms, new flooring
throughout, new dual pane vinyl windows, freshly painted interior
and exterior. One full bedroom and bath downstairs. Vaulted
ceilings and large deck out front with views of the hills. Located
in the Cimarron gated community that supports an active lifestyle,
with a tennis court, pool & spa and much more!
Unit Size
1,412 Ft²
Days on Market
23 days
Land Size
0.13 acres
Price per sqft
$347
Property Type
House
Property Taxes
-
HOA Dues
$170
Year Built
1986
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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 #190063832)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2019 | Sold | ||
| Sold | |||
| Nov 4, 2019 | Listed by Acropolis Enterprise | $490,000 | |
| Listed by Acropolis Enterprise | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $499,000 | |
| Listed | |||
| | |||
|
Welcome to this beautifully renovated home with amazing views. This home features a brand new kitchen, all new bathrooms, new flooring throughout, new dual pane vinyl windows, freshly painted interior and exterior. One full bedroom and bath downstairs. Vaulted ceilings and large deck out front with views of the hills. Located in the Cimarron gated community that supports an active lifestyle, with a tennis court, pool & spa and much more! Neighborhoods: Cimarron Other Fees: 0 Sewer: Sewer Connected The manager has listed the unit size as 1412 square feet.
| |||
| Jul 26, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Midway
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Listed by: Keaton English, Acropolis Enterprise
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190063832
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190063832
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