$245,000
●
Land -
Off Market
2305 Euclid Avenue
El Cajon, CA 92019
Studio
0 Bath
$506,576
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model
About This Property
Come build your dream home! This lot is located in the
highly-desirable neighborhood of Granite Hills. It's close to
schools, shopping and freeways, but is country-quiet. This
outstanding 1+ acre lot is 100% usable. All utilities are to the
property, this lot is ready to go! Perc test and grading map are in
Agent's office. Public record information provided by a third
party. Agent has not verified public records, including and not
limited to permits, lot size, number of rooms or square footage.
Buyers to investigate to satisfy themselves of this information
Neighborhoods: Granite Hills Other Fees: 0 Sewer: Perc Test
Completed
Unit Size
-
Days on Market
43 days
Land Size
1.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #130028860)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 8, 2020 | In contract | - | |
| In contract | |||
| Jul 15, 2020 | Listed | $899,000 | |
| Listed | |||
| | |||
|
Granite Hills Ranch Beauty w/ TWO Guest Granny flats. Mainhouse: 4/2.5 Ranch traditional w/ remodeled kitchen, Master bath & guest bath. Very open floorplan w/ lots of natural light, dual-pane windows. Large Master suite w/ gorgeous bath. Guest Houses (2) are each 1 br 1 bath. Approx 700 & 460 sq ft. There is a lockout door between, so it could be a 2 br 2 bath Guest Casita. Each unit has it's own kitchenette & private bathroom. Separate entrances. Solar Panels for energy efficiency. RV/Trailer Parking. The manager has listed the unit size as 3100 square feet.
| |||
| Jun 30, 2020 | In contract | - | |
| In contract | |||
| Jun 2, 2020 | Listed | $895,000 | |
| Listed | |||
| | |||
|
Granite Hills Ranch style w/ tons of room to spread out!! 6 BR 4.5 bath w/ very traditional floor plan. Remodeled kitchen, Master bath, & guest bath. Open & spacious floor plan w/ lots of light, dual-pane windows. Large Master suite w/ gorgeous bath. Across the breezeway are 2 of the BR's, each w/ it's own in-suite bathrooms. Could be used as a granny flat. Solar Panels for energy efficiency. RV/Trailer Parking. The manager has listed the unit size as 3100 square feet.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Granite Hills
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Listed by: Gary Ryerson, Century 21 Award
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130028860
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130028860
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