$600,000
●
House -
Off Market
1957 Meeks Bay Drive
Chula Vista, CA 91913
5 Beds
3 Baths
2,679 Ft²
$886,379
RealtyHop Estimate
61.45%
Since Sep 1, 2018
CA-San Diego
Primary Model
About This Property
Immaculate Otay Ranch home with an entertainers dream backyard!
***Solar Owned. ***Formal living room with fireplace and soaring
cathedral ceilings. ***Formal dining area with room for the entire
family. ***Open kitchen with granite countertops and backsplash,
stainless steel appliances, center island, and breakfast bar.
***Dining area off kitchen with sliding glass doors leading
outside. ***Spacious family room with media niche and ceiling fan.
***Master retreat with large sitting area.. (See Supplement)
...that can easily become an office or nursery, tall
ceilings, and private balcony. ***Master bathroom includes
dual vanities, large soaking tub and separate shower.
***Terracotta and ceramic tile flooring downstairs.
***Newer water heater, water softener and interior paint.
***Beautifully landscaped backyard with covered patio, bar,
fireplace and built-in BBQ station. ***Two bedrooms and full
bathroom downstairs. ***Hardwood flooring on staircase and
second level. ***Plantation shutters throughout..
Neighborhoods: Otay Ranch Equipment: Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
2,679 Ft²
Days on Market
39 days
Land Size
0.12 acres
Price per sqft
$205
Property Type
House
Property Taxes
-
HOA Dues
$105
Year Built
2002
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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 #180039879)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2018 | Sold | ||
| Sold | |||
| Jul 20, 2018 | Listed by eXp Realty of California, Inc | $549,000 | |
| Listed by eXp Realty of California, Inc | |||
| Apr 1, 2016 | Sold | ||
| Sold | |||
| Dec 4, 2015 | Listed by FOSTER HAMILTON Real Estate Co | $610,000 | |
| Listed by FOSTER HAMILTON Real Estate Co | |||
| | |||
|
Beautiful Otay Ranch Home situated in a gated community. Home has a nice floorplan with high cathedral ceilings, tile & wood flooring, newer plantation shutters throughout the home, new appliances in an open kitchen with island and granite countertops. Conveniently Two bedrooms are located downstairs for guests. Master bdr is roomy w/ a formal sitting room and an outside balcony with a view of the city evening lights. Entertaining backyard with BBQ, sink and outdoor fireplace. Close to all!!! Neighborhoods: Otay Ranch Complex Features: ,,,, Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| May 31, 2013 | Sold | ||
| Sold | |||
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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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About East Chula Vista
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Listed by: Daniel Beer, eXp Realty of California, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039879
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039879
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