$500,000
●
Condo -
Off Market
1791 Summit Drive
Escondido, CA 92027
3 Beds
2 Baths
2,150 Ft²
$967,795
RealtyHop Estimate
86.87%
Since Jan 1, 2015
National-US
Primary Model
About This Property
2014 remodeled home on HUGE usable lot! Open floor plan with large
living room with fireplace, family room, dining room and a spacious
kitchen. Kitchen has granite counter tops, a large island
with stainless steel appliances. Master bedroom has vaulted
ceilings, a walk-in closet, en-suite bathroom with dual sinks,
granite counter tops, and new tile work. Over-sized private
backyard with lots of grass and a high fence. House is set back
from the street large grassy front yard and rose bushes.
Neighborhoods: Escondido Equipment: Range/Oven Other Fees:
1125 Sewer: Septic Installed Topography: LL
Unit Size
2,150 Ft²
Days on Market
56 days
Land Size
0.44 acres
Price per sqft
$241
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
1960
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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: 5 months ago (SDMLS #140059466)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 26, 2014 | Sold | ||
| Sold | |||
| Oct 31, 2014 | Listed by Harcourts Prime Properties | $517,900 | |
| Listed by Harcourts Prime Properties | |||
Property Highlights
Fireplace
Parking Details
Has Garage
Parking Features: Driveway
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: SeparateFormalDiningRoom, BedroomOnMainLevel
Appliances: Dishwasher, Electric Water Heater, Disposal, Gas Water Heater, Microwave
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 2150
Year Built: 1960
Levels: One
Construction Materials: Stucco
Patio and Porch Features: Covered
Pool Features: None
Lot Size Area: 19166
Lot Size Units: Square Feet
Lot Size Acres: 0.44
Lot Size Square Feet: 19166
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
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 |
|---|---|---|---|---|---|---|---|
|
01/06/2020
| |
3 Bed
|
2 Bath
|
2150 ft²
|
$699,000
3 Bed
2 Bath
2150 ft²
|
-
-
|
-
|
|
10/31/2014
| |
3 Bed
|
2 Bath
|
2150 ft²
|
$517,900
3 Bed
2 Bath
2150 ft²
|
$500,000
-3.46%
12/26/2014
|
Jim McInerney
eXp Realty of Southern California, Inc.
|
Building Info
About East Valley
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Listed by: Jim McInerney, Harcourts Prime Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140059466
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140059466
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