1
Map
$535,000
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House -
Off Market
1844 Summit Dr.
Escondido, CA 92027
4 Beds
2 Baths
1,876 Ft²
$805,951
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
PRICE SLASHED!!! Enchanting Escondido Custom Built Home! Well
flowing design and spacious floor plan with extra large rooms are
perfect for family comfort. Open and bright kitchen
overlooking jumbo family room with stunning fireplace. Dining
room is an optional 4th bedroom or study. Lush landscaping on
.40 acres. Large covered patio. You'll feel it's a home not a
house. Roof is 2 years old. Water softener system & A/C
Neighborhoods: Rancho Rincon Del Diablo Other Fees: 0 Sewer:
Septic Installed Topography: GSL
Unit Size
1,876 Ft²
Days on Market
113 days
Land Size
0.40 acres
Price per sqft
$293
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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 #190031231)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 21, 2020 | In contract | - | |
| In contract | |||
| Aug 5, 2020 | Listed | $600,000 | |
| Listed | |||
| | |||
|
Beautiful single-level home with a park-like setting in a sought-after area of Escondido. Inside, you'll find generous living areas with separate living and family rooms, formal dining room which can be an office space or a 4th bedroom, and kitchen with a breakfast bar that opens to the spacious family room with fireplace. Outside, enjoy the serene setting, spacious front and back yards, fruit trees, large covered patio, deck, and room to run, play, or entertain. This is the perfect place to call home! The manager has listed the unit size as 1876 square feet.
| |||
| Sep 27, 2019 | Sold | ||
| Sold | |||
| Jun 6, 2019 | Listed by Century 21 Award | $549,900 | |
| 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
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About East Valley
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Listed by: Linda Ring, Century 21 Award
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190031231
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190031231
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