$549,000
●
House -
Off Market
1793 Swallow Drive
El Cajon, CA 92020
4 Beds
2 Baths,
1
Half Bath
1,795 Ft²
$997,111
RealtyHop Estimate
81.33%
Since Sep 1, 2016
CA-San Diego
Primary Model
About This Property
Custom view home with great character. Magnificent panoramic
mountain and city light views. High open beam cedar ceilings and
large rock fireplace add character to the living room. Enjoy the
views and entertain guests from the large deck or patio area. Two
bonus rooms downstairs with bath are perfect for storage or
potentially guest bedroom (permit status unknown). New Carpet-
Motivated seller - bring all offers Neighborhoods: Fletcher Hills
Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: GSL
Unit Size
1,795 Ft²
Days on Market
152 days
Land Size
0.27 acres
Price per sqft
$306
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
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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 #160014573)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2021 | In contract | - | |
| In contract | |||
| Mar 14, 2021 | Listed | $849,000 | |
| Listed | |||
| | |||
|
Fletcher Hills!! Custom single story home with an attached two-car garage and gorgeous panoramic views. This amazing property features neutral paint and trim, rustic wood beam ceiling details, custom window coverings, updated bathrooms, central AC, a cozy floor to ceiling fireplace, and wood flooring throughout. An open floorplan with large windows basks the home in an abundance of natural light. The manager has listed the unit size as 1795 square feet.
| |||
| Aug 17, 2016 | Sold | ||
| Sold | |||
| Mar 18, 2016 | Listed by Century 21 Award | $549,888 | |
| Listed by Century 21 Award | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About El Cajon
Similar Homes for Sale
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Listed by: Scott Kendall, Century 21 Award
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160014573
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160014573
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