$535,000
●
House -
Off Market
2429 S Summit Circle
Escondido, CA 92026
3 Beds
2 Baths,
1
Half Bath
1,891 Ft²
$947,480
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model
About This Property
Wonderful, Gated Emerald Heights gated community. Enjoy
spectacular, panoramic, unobstructed mountain view and clubhouse
access. Sparkling night lights and beautiful sunsets. Soaring
ceilings and walls of windows to enjoy view. Huge master with walk
in closet. Great amenities with lighted tennis courts, pools, park,
workout room and much more... Nearby schools in San Marcos Unified
include Richland Elementary, Woodland Park Middle and Mission Hills
High Schools. Private backyard abuts open space. Neighborhoods:
Emerald Heights Complex Features: ,,,,,, Equipment: Fire
Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer:
Sewer Available Topography: LL
Unit Size
1,891 Ft²
Days on Market
83 days
Land Size
0.09 acres
Price per sqft
$291
Property Type
House
Property Taxes
-
HOA Dues
$200
Year Built
1994
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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: 5 months ago (SDMLS #160006631)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2016 | Sold | ||
| Sold | |||
| Feb 6, 2016 | Listed by Realty ONE Group San Diego | $550,000 | |
| Listed by Realty ONE Group San Diego | |||
Property Highlights
Air Conditioning
Fireplace
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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ft²
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Sold On
HOA + Taxes
About Mesa Rock
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ginger Proffitt, Realty ONE Group San Diego
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160006631
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160006631
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