$965,000
●
House -
Off Market
1989 Ridge Way
Escondido, CA 92029
4 Beds
2 Baths,
1
Half Bath
2,056 Ft²
$963,473
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
BACK ON THE MARKET...No fault of home. Welcome to this
beautiful 4 bedroom 2.5 bathroom Single Story home. This lovely
spacious home offers a bright open floor plan, large dual pane
windows with an abundance of natural light, new exterior and
interior paint, wood laminate floors, new light fixers and central
A/C . This home sits in a quiet neighborhood on a cul de sac
and is still conveniently located to I-15 and I-78. Some
mountain views from the front of home. This home sits on an
approximately .25 acre lot, is low maintenance, offers fruit trees
and lots of privacy. There is plenty of room for your RV or
other toys. The garage has a back roll up garage door that
accesses the large backyard. The HOA is low and there is no
Mello Roos. Don't miss out on this gem.
Unit Size
2,056 Ft²
Days on Market
46 days
Land Size
0.26 acres
Price per sqft
$445
Property Type
House
Property Taxes
-
HOA Dues
$125
Year Built
2001
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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: 12 months ago (SDMLS #NDP2113635)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 22, 2022 | Sold | ||
| Sold | |||
| Dec 28, 2021 | Listed by Professional Realty Services | $915,000 | |
| Listed by Professional Realty Services | |||
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
Status
Type
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Baths
ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Felicita
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Listed by: Chantalle O Donnell, Professional Realty Services
Last Updated: 12 months ago
Data Source: CRMLS, MLS# NDP2113635
Last Updated: 12 months ago
Data Source: CRMLS, MLS# NDP2113635
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