$535,000
●
Condo -
Off Market
1749 Pepper Dr
El Cajon, CA 92021
2 Beds
2 Baths
968 Ft²
$3,186
Est. Monthly
$490
HOA / Fees
4.39%
Cap Rate
About This Property
Beautiful first floor 2BR/2BA with detached 1 car garage! Olive
Hill is a smaller complex located in the heart of El Cajon. The
interior has been completely remodeled with new flooring, gorgeous
kitchen, new bathrooms, and a beautiful custom fireplace for those
cooler nights. This until is downstairs, and located directly
across from the pool and jacuzzi. There is also an inviting patio
located next to the kitchen and dinning area. Complex is VA
approved. Shopping, schools, and freeways just minutes away!
Unit Size
968 Ft²
Days on Market
50 days
Land Size
1.13 acres
Price per sqft
$567
Property Type
Condo
Property Taxes
-
HOA Dues
$490
Year Built
1981
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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: 2 years ago (CRMLS #240026269SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Big Block Realty, Inc. | $549,000 | |
| Listed by Big Block Realty, Inc. | |||
Property Highlights
Air Conditioning
Parking Details
Has Garage
Parking Features: Guest
Garage Spaces: 1
Open Parking Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Levels: One
Interior Features: Main Level Primary
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Living Area Square Feet Source: Assessor
Laundry Features: Electric Dryer Hookup
Exterior Details
Year Built: 1981
Parcel Number: 5071202414
Home Type: Residential
Construction Materials: Stucco
Pool Features: Community
Lot Size Source: Assessor
Lot Size Acres: 1.1267
Utilities Details
Cooling Type: Central Air
Heating Type: Electric, Forced Air
Location Details
Association Fee: $490
Association Fee Frequency: Monthly
Community Features: Pool
Subdivision: El Cajon
Subdivision Name: El Cajon
Directions: From freeway 8, exit on Greenfield and make a left. Turn right on Main street and make a left on Pepper Drive. Cross Street: Jasmine St.
Other Details
Listing Terms: Cash, Conventional, VaLoan
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 |
|---|---|---|---|---|---|---|---|
|
11/07/2024
| |
2 Bed
|
2 Bath
|
968 ft²
|
$549,000
2 Bed
2 Bath
968 ft²
|
$535,000
-2.55%
12/27/2024
|
Erick Gydesen
Big Block Realty, Inc.
|
|
02/02/2017
| |
2 Bed
|
2 Bath
|
968 ft²
|
$258,000
2 Bed
2 Bath
968 ft²
|
$258,000
04/21/2017
|
Mark Connolly
Coldwell Banker West
|
Building Info
About El Cajon
Similar Homes for Sale
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Listed by: Erick Gydesen, Big Block Realty, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240026269SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240026269SD
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