$215,000
●
Mobile Manufactured -
Off Market
1618 Lotus Glen
Escondido, CA 92026
2 Beds
2 Baths
1,440 Ft²
$362,224
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model
About This Property
Well maintained 2 Bedroom, 2 Bath home in Citrus Gardens 55+
community where you own the land. EZ care exterior with a few fruit
trees. Includes Washer, Dryer and Refrigerator. Attached 8x17
screened California Room and separate att. Shed/Workshop in
carport. Carpeted ramp could be removed. Low HOA dues of $130
mo. includes basic cable, pool/spa, common area use and trash
pickup. Must be approved by HOA within 5 days of acceptance.
Neighborhoods: Citrus Gardens Complex Features: , Equipment:
Dryer, Range/Oven, Shed(s), Washer Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,440 Ft²
Days on Market
29 days
Land Size
-
Price per sqft
$149
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
$130
Year Built
1995
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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 #160055460)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2021 | In contract | - | |
| In contract | |||
| Sep 11, 2021 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Aug 26, 2021 | Listed by Windermere Homes & Estates | $399,900 | |
| Listed by Windermere Homes & Estates | |||
| | |||
|
Welcome home to this bright & airy charmer in desirable Citrus Gardens, a 55+community. This light-filled home features a 2 bd, 2 ba, 1440 sq ft floor plan, is beautifully upgraded w/ custom tile in bathrooms, kitchen & utility room plus many more! Enjoy this entertainer's dream w/ open floor plan, spacious living & a spacious sunroom. Multiple custom wood accents!! The backyard retreat is a low maintenance, moderately sized garden, fruit trees and new turf! Community pool, clubhouse and many activities! The manager has listed the unit size as 1440 square feet.
| |||
| Jan 10, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Country Club
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Listed by: Lori Heck, Krueger Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160055460
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160055460
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