$605,000
●
House -
Off Market
2268 Chatham Street
El Cajon, CA 92020
3 Beds
3 Baths
1,341 Ft²
$899,418
RealtyHop Estimate
48.66%
Since Jul 1, 2020
CA-San Diego
Primary Model
About This Property
The investment opportunity you have been waiting for. Main house
has 2 bedrooms and the granny flat around back has a kitchenette,
bathroom and large living space. This home has been refurbished
with love. Your main home has been spruced up with new paint inside
and out. There are 2 large bedrooms, and 2 spacious updated
bathrooms. The kitchen has updated cabinets and a greenhouse style
kitchen window that overlooks a lush back yard with fruit trees.The
main living area is enhanced by oversized new windows that
continue throughout the home. Updated lighting and ceiling fans
make this the perfect house to come home to. Need an extra
dwelling? The back granny flat is spacious and self contained. New
flooring, refurbished bathroom, cute Kitchenette and painted inside
and out, you will not have to lift a finger. New heater, new water
heater, new doors, all this and top ranking schools within walking
distance this home is ready now, act fast or you'll miss it!( some
rooms have been virtually staged to show potential)
Unit Size
1,341 Ft²
Days on Market
33 days
Land Size
0.23 acres
Price per sqft
$451
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 (CRMLS #SW20084838)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2020 | Sold | ||
| Sold | |||
| May 6, 2020 | Listed by Reliable Realty Inc. | $605,000 | |
| Listed by Reliable Realty Inc. | |||
Property Highlights
Fireplace
With View
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
Listed On
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Sold On
Sold On
HOA + Taxes
About El Cajon
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Listed by: Jacqueline Steed, Reliable Realty Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20084838
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW20084838
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