$599,000
●
House -
Off Market
1816 Lawrence Ln
Ramona, CA 92065
3 Beds
2 Baths,
1
Half Bath
2,040 Ft²
$879,033
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
West end Ramona walking distance to Elem., Middle and High School.
Entertainer's home with wide open spaces and a huge lighted Gazebo.
Low maint. landscape incl. mature trees, shaded patio area, water
feature in front, koi pond in the fenced back, large shed, a
horseshoe pit w/solar lighting and RV parking with hookups. Updated
home has vinyl windows, updated kitchen and baths, large laundry
room, stainless steel gas appliances, whole house fan, central
air/heat. Garage with bar and 1/2 bath. Horses ok. Updated
within the last 5 years: Water Heater, Furnace and AC (5 ton),
Windows, Roof (paper and roofing), fence, additional R30 insulation
over what was existing in the attic.. Neighborhoods: West End
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
2,040 Ft²
Days on Market
120 days
Land Size
1.01 acres
Price per sqft
$294
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #190018182)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Apr 2, 2019 | Listed by Transformation Realty | $599,000 | |
| Listed by Transformation Realty | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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Sold On
HOA + Taxes
About Ramona
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Listed by: Chris Jensen, Transformation Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190018182
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190018182
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