$890,000
●
House -
Off Market
2301 Palermo Drive
San Diego, CA 92106
4 Beds
2 Baths,
1
Half Bath
1,853 Ft²
$1,577,852
RealtyHop Estimate
64.53%
Since Jan 1, 2019
CA-San Diego
Primary Model
About This Property
This classic & traditional Spanish in excellent and original
conditon offers 3 BRs, 1.5 BA plus a Detached Guest House! Lovingly
maintained with original details throughout including beautiful
tile flooring in the entry & stairway, original fireplace with tile
work, spacious living room with original wall sconces, original
tile in baths. The fully updated & inviting guest house offers a
full kitchen, bath, living and sleeping area. (measures approx 360
sq ft) Many upgrades and remodeling throughout including the
detached guest house from top to bottom! Tankless water
heater in main house. The Quieter Home Program enhanced the
property with all new windows, central air, new heating, new
electrical panel and upgraded electric.. Neighborhoods: Loma
Portal Equipment: Garage Door Opener, Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL,GSL Guest House Est.
SQFT: 360
Unit Size
1,853 Ft²
Days on Market
67 days
Land Size
0.14 acres
Price per sqft
$518
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
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Cap Rate Calculator
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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 #180057659)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 21, 2018 | Sold | ||
| Sold | |||
| Oct 17, 2018 | No longer available | - | |
| No longer available | |||
| Oct 15, 2018 | Listed by Willis Allen Real Estate | $959,000 | |
| Listed by Willis Allen Real Estate | |||
| Aug 22, 2018 | Listed | $995,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 1853 square feet.
| |||
Property Highlights
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 Western San Diego
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Listed by: Beth Zedaker, Willis Allen Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180057659
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180057659
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