$480,000
●
House -
Off Market
2348 Felicita Rd.
Escondido, CA 92029
3 Beds
2 Baths
1,710 Ft²
$785,344
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Seller will consider offers between $539,000-559,000. Fantastic
opportunity to make this Ranch style home your own! Spacious &
inviting Living Room boasts a cozy fireplace surrounded by a custom
wood built-in & large windows with lots of natural light. Dual-pane
windows throughout. The great room offers a large space for
gathering. Home sits on a flat, corner lot with access from both
streets plus large vacant area on north side. Circular driveway &
plenty of add'l parking. Bring your RV, toys and ??? Great
opportunity for investors.. Neighborhoods: Felicita Knolls
Other Fees: 0 Sewer: Septic Installed Topography: LL
Unit Size
1,710 Ft²
Days on Market
77 days
Land Size
0.39 acres
Price per sqft
$315
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #190059443)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 20, 2020 | Price Decreased |
$639,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Mar 7, 2020 | Listed | $649,000 | |
| Listed | |||
| | |||
|
Open House for 3/21 has been cancelled. Seller will entertain offers between $599,000 & $639,000. Fabulous Remodel! You will enjoy this open concept kitchen with beautiful white cabinets, stainless steel appliances, huge quartz countertop that serves as a breakfast bar and entertainment area. The living room boasts abundant natural light and an awesome wood burning fireplace. Designer light fixture and canned lights. Neutral designer paint that accommodates your personal style. The manager has listed the unit size as 1710 square feet.
| |||
| Jan 17, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Felicita
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Listed by: Lori Ratliff, Windermere Homes & Estates
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190059443
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190059443
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