$939,000
●
House -
Off Market
1981 Vermel Avenue
Escondido, CA 92029
4 Beds
2 Baths
2,346 Ft²
$935,507
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Country feel, yet so close!! This super Single-Story 2,346 sq ft
home on .24 ac lot that is fully usable and sits on a cul-de-sac
features 4 bedrooms, 1 bonus room, 2 full baths, and a large
two-car garage with No HOA & No Mello-Roos! The home was remodeled
in 2017 & boasts an expansive kitchen with custom Cabinetry,
Granite counters, Sub-Zero Fridge & Professional Thermador gas
range. You will be sure to appreciate the tile and wood plank
flooring throughout this fabulous floor plan including the Family
room which showcases a beautiful fireplace with a gorgeous mantel.
The spacious Primary Suite with a walk-in closet, is nicely sized
with French doors, quality shutters, recessed lighting, a newer
ceiling fan, and an en-suite bathroom beautifully tiled with,
double vanity, and a large shower with newer glass doors. All
bedrooms are nicely proportioned, this is a grand home with great
space and storage, a plethora of space for an ADU, an RV, a pool,
gardens to grow your own food, and most of all privacy! All this
while being so close to the freeway, shopping, and schools,
including the Del Lago Academy, so much to offer!
Unit Size
2,346 Ft²
Days on Market
92 days
Land Size
0.24 acres
Price per sqft
$400
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982
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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: 13 months ago (SDMLS #NDP2305871)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2025 | Sold | ||
| Sold | |||
| Jan 10, 2025 | Listed by Cal State Realty Services | $1,029,000 | |
| Listed by Cal State Realty Services | |||
| | |||
|
This is it! If you’ve been looking for a great opportunity in North County, look no further. Keep your payments LOW with NO HOA and VERY LOW TAXES!! This is a highly sought area in Escondido. It’s close to Del Dios Highway for a quick drive to the beach (without beach city pricing)! Close to schools, the 15 and 78 freeways, restaurants (like Vintana & Stone Brewery), Elfin forest, Lake Hodges, and many parks for biking and hiking enthusiasts. This Single-Story home boasts 2346 SQFT on a 10,000+ SQFT lot to build your ADU, OR your dream yard with a pool! Situated on a cul-de-sac, this home features 4 bedrooms plus a den/office, 2 full bathrooms and a sizable 2 car garage. The large kitchen has been previously remodeled with Granite counters, Custom Cabinetry, a Pro Thermador Gas range and a Sub-Zero Fridge. Don’t miss out on your chance to have the home you’ve been waiting for before it’s too late! ***Grass is Virtually Staged
| |||
| Oct 27, 2023 | Sold | ||
| Sold | |||
| Jul 26, 2023 | Listed by HomeSmart Realty West | $939,000 | |
| Listed by HomeSmart Realty West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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HOA + Taxes
About Vineyard
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Listed by: Robert Adams, HomeSmart Realty West
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2305871
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2305871
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