$237,000
●
Condo -
Off Market
1640 Summertime Drive
El Cajon, CA 92021
2 Beds
1 Bath
893 Ft²
$392,981
RealtyHop Estimate
70.86%
Since Jun 1, 2017
CA-San Diego
Primary Model
About This Property
Great Move-In Ready Home! Upper corner unit located in back of
complex, with no neighbors above or below. Fresh paint, newer
carpet, granite counters, in-unit full-size washer & dryer,
stainless steel refrigerator, dual pane vinyl windows & large
balcony patio. Private gated stair access to unit, 1 garage parking
spot included. Close to freeways (8, 67 & 52.) Community pool in
park-like settings, near great schools, shopping & entertainment.
Neighborhoods: Pepper Drive Estates Complex Features: ,,,
Equipment: Dryer, Washer Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
893 Ft²
Days on Market
27 days
Land Size
-
Price per sqft
$258
Property Type
Condo
Property Taxes
-
HOA Dues
$307
Year Built
1974
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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 #170022493)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2017 | Sold | ||
| Sold | |||
| May 3, 2017 | Listed by Mission Realty Group | $230,000 | |
| Listed by Mission Realty Group | |||
Property Highlights
Parking Available
Air Conditioning
Garage
Parking Details
Has Garage
Parking Features: Assigned, Garage, Tandem, Uncovered
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: AllBedroomsUp
Appliances: Dishwasher, Disposal, Refrigerator
Laundry Features: Electric Dryer Hookup
Exterior Details
Has Property Attached
Square Footage: 893
Year Built Source: Assessor
Year Built: 1974
Levels: One
Pool Features: Community
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA Fee: $307
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 |
|---|---|---|---|---|---|---|---|
|
05/07/2018
| |
2 Bed
|
1 Bath
|
893 ft²
|
$270,000
2 Bed
1 Bath
893 ft²
|
$265,000
-1.85%
06/19/2018
|
Rob Podzunas
Allison James Estates & Homes
|
|
05/03/2017
| |
2 Bed
|
1 Bath
|
893 ft²
|
$230,000
2 Bed
1 Bath
893 ft²
|
$237,000
+3.04%
05/30/2017
|
Jeff Brown
Mission Realty Group
|
Building Info
About Bostonia
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Listed by: Chad Hughes, Mission Realty Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170022493
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170022493
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