18331 Highway 94
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| May 18, 2024 | Listed by Coldwell Banker West | $650,000 | |
| Listed by Coldwell Banker West | |||
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Wow! 3.625 Assumable FHA Loan offered by Seller. Incredible opportunity offered for well qualified buyers. Compare 3.625% to current rates and discover savings. While assumption is possible it’s subject to approval based on lenders criteria. Welcome to your dream retreat in Dulzura. This home offers over 3 acres of sprawling land. With 3 bedrooms, 3 baths, and an optional fourth room that can be used as a guest bedroom or home office. Perfect starter home for first time home buyers, those looking to update on their own, or someone seeking a home with plenty of yard space, AND the perfect investment for a savvy investor. There's plenty of space for your toys, RVs, car parking, or potential ADU addition possibilities. Close to Highway 94, Dulzura Vineyard & Winery, Jamul Casino, and just about 25 minutes away from Rancho San Diego. Bring your ideas and make this home your own today!
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| Jan 17, 2022 | No longer available | - | |
| No longer available | |||
| Nov 24, 2021 | Listed by Keller Williams Realty | $525,000 | |
| Listed by Keller Williams Realty | |||
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Bring the kids, bring the horses, bring the toys, Room to grow and run! Great starter home. Over 3 acres, has 2 wells, Water tank, multi entrances for full property accessibility. Home has 3 bedrooms, 2 baths, undeveloped basement. Wood burning fireplace, and much more. Close to Highway 94, be in Tecate for tacos or shopping in 15 minutes, or travel 25 minutes towards Rancho San Diego and also Jamul casino in 15. Home also has a large Storage Container on property and plenty of firewood for the season as well, bring your ideas and make this home your own. The manager has listed the unit size as 1309 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017