2202 Marigold Place
About This Property
Set on a generous 9,500 sq ft lot, the home offers ample privacy and room for future expansion. With over 1,200 sq ft, the east side yard provides endless possibilities for an ADU, a private garden, or additional outdoor entertaining space. Grapefruit, lime, and olive trees add natural charm along the property's perimeter. Energy efficiency and modern convenience are key, with fully paid-off solar panels and a two-car garage equipped with an electric vehicle charger.
Inside, the home blends classic character with thoughtful updates. Original hardwood floors flow through the living areas and bedrooms, adding warmth and timeless appeal. French doors in the dining room lead out to the deck, creating a seamless indoor-outdoor living experience with breathtaking canyon views. The beautifully remodeled kitchen features stainless steel appliances, a stylish butcher block countertop, and a sleek subway tile backsplash-all complemented by canyon views from the kitchen window, making meal prep a pleasure.
The home includes 3 spacious bedrooms and 2 fully remodeled bathrooms, offering spa-like comfort. The primary bedroom is a peaceful retreat, with French doors that open directly to the deck and hot tub, allowing you to wake up to serene canyon views each morning. A custom-designed walk-in closet provides ample storage, while the luxurious primary bathroom includes an oversized walk-in shower with floor-to-ceiling tile and a wooden double vanity with dual vessel sinks. The secondary bathroom is equally refined, featuring a tiled shower-tub combo, dual sinks, and elegant granite countertops.
Conveniently located near the 805, 15, and 94 freeways, this home offers easy access to Downtown San Diego, North Park, Balboa Park, Coronado, SDSU, the airport, beaches, and everything vibrant San Diego has to offer!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by eXp Realty of California Inc | $799,000 | |
| Listed by eXp Realty of California Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017