$800,000
●
House -
Off Market
1857 Diesel
El Cajon, CA 92019
5 Beds
3 Baths,
1
Half Bath
3,086 Ft²
$1,392,714
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model
About This Property
Amazing Granite Hills Remodeled Estate. Over one acre of useable
land including possible horse property. Two accesses to the
property off Greenfield and second access road off of 1886 E.
Madison Ave Home features 5 bedrooms 3.5 baths. Large 3
car attached garage, fireplace, A/C, laundry room,
Pantry, Huge Master suite with custom spa like bathroom, California
Closets, Amazing Open Concept with huge kitchen with huge Island.
Gorgeous Quartz Counters. 3 Sets of French doors pour out to huge
back patio. Neighborhoods: Granite Hills Equipment: Garage Door
Opener, Range/Oven Other Fees: 0 Sewer: Septic Installed
Topography: GSL
Unit Size
3,086 Ft²
Days on Market
74 days
Land Size
1.01 acres
Price per sqft
$267
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 #160036024)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2016 | Sold | ||
| Sold | |||
| Jun 30, 2016 | Listed by Four Seasons Properties, Inc | $824,950 | |
| Listed by Four Seasons Properties, Inc | |||
| Mar 22, 2016 | Sold | ||
| Sold | |||
| Feb 20, 2016 | Listed by MTM Property Management &Real | $600,000 | |
| Listed by MTM Property Management &Real | |||
 | |||
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Tremendous potential! 5 bedrooms 3.5 baths on one level situated on 43,966 sqft lot. Legal access off of Greenfield and second access road off of 1886 E. Madison Ave (Shadow Mountain directly across street). Large 3 car attached garage; two fireplaces; A/C; laundry room; tons of parking; quiet area near two busy streets; large covered patio area overlooking backyard;easy access to Interstate 8; original family owned home; all bedrooms open and bright; extra large family room with fireplace Neighborhoods: Granite Hills Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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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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ft²
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HOA + Taxes
About Granite Hills
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Listed by: Neil Libin, Four Seasons Properties, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160036024
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160036024
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