$352,000
●
House -
Off Market
1722 Elm Street
Ramona, CA 92065
3 Beds
2 Baths
1,215 Ft²
$760,102
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model
About This Property
Nice 2002 ranch home on fenced 2.4 acres is clean, move in ready
and set for horses. The property is all level, lined with shade
trees, includes 4 horse corrals, tack shed, and has plenty of arena
room. Ride directly off your property on miles of trails. Easy pull
in for trailers and has RV hookup and dump. Nice quiet neighborhood
close to schools and shopping. The home features 3 bedrooms, 2 full
baths, formal living room with decorative stone fireplace, nice
size kitchen, and indoor laundry with storage Appliances
included: Stove, dishwasher, refrigerator. The 2 car attached
garage is 560 SF, has finished walls and 220 electric. Current
owner states the home is well insulated and has low utility bills.
This 2.4 acre ranch is fully fenced and pet friendly. Enjoy a small
pond with lilies as you enter the property. Great location for this
personal horse lover's ranch. Zoning A70. Come and see! Equipment:
Garage Door Opener, Range/Oven, Shed(s) Other Fees: 0 Sewer:
Septic Installed Topography: LL
Unit Size
1,215 Ft²
Days on Market
-
Land Size
2.40 acres
Price per sqft
$290
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002
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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 #120039102)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 29, 2012 | Sold | ||
| Sold | |||
| Aug 1, 2012 | Listed by Home Quest Advantage Propertie | $352,000 | |
| Listed by Home Quest Advantage Propertie | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Ramona
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Listed by: Denice Hickethier, Home Quest Advantage Propertie
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120039102
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120039102
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