$399,000
●
House -
Off Market
1932 N. Iris Lane
Escondido, CA 92026
4 Beds
2 Baths
1,919 Ft²
$816,152
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model
About This Property
Gorgeous remodeled Ranch Style home! This home features 1,919 sq.
ft. of living space with a massive deck and inviting outdoor patio.
This home has a brand new kitchen with stylish dark wood cabinets
and new tops and appliances. The 4th bedroom could be used as
"In-Law" quarters as it has an independent door to the side yard.
Home has 2 sets of double-car garages. Neighborhoods: Escondido
Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer:
Septic Installed Topography: LL
Unit Size
1,919 Ft²
Days on Market
54 days
Land Size
0.58 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
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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 #130061307)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2014 | Sold | ||
| Sold | |||
| Nov 20, 2013 | Listed by Chris Beason Realty | $419,990 | |
| Listed by Chris Beason Realty | |||
| Jun 19, 2012 | Sold | ||
| Sold | |||
| Feb 18, 2012 | Listed by Coldwell Banker West | $209,000 | |
| Listed by Coldwell Banker West | |||
 | |||
|
CASH ONLY due to unfinished upstairs. Seller is Trustee. Permits unknown. Seller will do no repairs. Great property for investor or someone who wants a project! Two garages. Live in main house now, work on upstairs suite, perfect for inlaws or a master suite retreat but is unfinished. Great level property, beautiful location. Main house is 3BR, 1BA with eat in kitchen, living area, unfinished backroom. Great yard completely fenced. See supplemental info. Seller has never lived in property and has no knowledge of permits, etc. Buyer to do their own due diligence. Property is sold AS IS. Seller will do no repairs. CASH ONLY. Property tax rolls show 2BR which is incorrect. Built originally as a 3BR, all 3 have closets. Square footage includes unfinished area over second garage. Currently septic. Sewer permit paid for but never used. May be able to pay a fee to reissue and use. Buyer to do due diligence on all matters. Other Fees: 0 Sewer: Septic Installed, Sewer Available Topography: LL
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Broadway
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Listed by: Andrea Carter, Chris Beason Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130061307
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130061307
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