$850,000
●
House -
Off Market
2125 Shire Dr
El Cajon, CA 92019
3 Beds
2 Baths,
2
Half Baths
2,179 Ft²
$1,411,612
RealtyHop Estimate
57.02%
Since Dec 1, 2019
CA-San Diego
Primary Model
About This Property
Remarkable single level home situated on a large level lot in
Granite Hills. This home has been upgraded to the nines. 80% of the
home is covered with automatic window shades that are easily
controlled by a switch, updated kitchen, bathrooms, windows, sand
blasted eaves, $60k in recent pool upgrades, detached granny flat
with all the same upgrades, detached shop that is fully finished,
and leased solar to subsidize the energy cost. This house has more
to offer than your typical home thats on the market. Up
grades include: New Kitchen, newer appliances, updated windows,
remodeled bathrooms, automatic window shades, two living rooms,
outside covered patio, large grass area for kids or animals,
detached granny flat, large pool and spa, pools porch, RV parking,
detached shop, fully fenced, backyard dog run area. built in
speakers through out the inside and outside of the home, private
street. Turn key and move in ready. The granny flat can easily rent
for $1500-$1800 a month. Neighborhoods: Granite Hills
Equipment: Pool/Spa/Equipment Other Fees: 0 Sewer: Septic
Installed Topography: LL
Unit Size
2,179 Ft²
Days on Market
45 days
Land Size
1.09 acres
Price per sqft
$413
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #190054663)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 18, 2019 | Sold | ||
| Sold | |||
| Oct 4, 2019 | Listed by Berkshire Hathaway HomeService | $899,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Granite Hills
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chase Cromwell, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190054663
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190054663
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