$710,000
●
House -
Off Market
2496 Colinas Paseo
El Cajon, CA 92019
6 Beds
4 Baths,
1
Half Bath
4,348 Ft²
$1,255,954
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model
About This Property
Welcome to this spacious Ranch Style home with MANY upgrades! An
entertainer's dream with a chefs kitchen and open living space,
soaring ceilings, skylights, and 4 fireplaces. While the majority
of the living is done on a single level, the home offers a spacious
downstairs multi-purpose entertainment space with bathroom and bar
that can be utilized as you wish. Perfectly sited at the end of an
elevated cul-de-sac for privacy and wonderful views of the valley
below. See supp. You'll find plenty of space inside and
outside this home. Huge Master Suite on one side and additional
bedrooms on the other make it ideal for family and/or guests.
Chef's kitchen with center island, granite counters, stainless
appliances, and great views. 1.26 acres with expansive views and
privacy due to the elevated cul-de-sac location. Large covered deck
around the perimeter of the living area allows for outdoor dining
and entertaining in all weather. Vaulted ceiling, skylights, custom
stonework, new carpet and fresh paint.. Neighborhoods: Vista
Colinas Equipment: Garage Door Opener,Pool/Spa/Equipment,
Range/Oven, Shed(s), Washer Other Fees: 0 Sewer: Septic
Installed Topography: LL
Unit Size
4,348 Ft²
Days on Market
90 days
Land Size
1.26 acres
Price per sqft
$170
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979
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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: 12 months ago (SDMLS #160016867)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 9, 2023 | No longer available | - | |
| No longer available | |||
| May 26, 2023 | In contract | - | |
| In contract | |||
| May 18, 2023 | Price Decreased |
$1,450,000
↓ $100K
(6.5%) | |
| Price Decreased | |||
| May 9, 2023 | Listed by Tidal Realty | $1,550,000 | |
| Listed by Tidal Realty | |||
| | |||
|
VIEW PROPERTY IN THE SOUGHT AFTER NEIGHBORHOODS OF GRANITE HILLS, THIS ONE HAS EVERYTHING, INCLUDING LARGE LIVING ROOM WITH FIRE PLACE AND BRETH TAKING VIEWS, EAT IN KITCHEN WITH CENTER ISLAND, PANTRY, GRANITE COUNTERS AND STAINLESS APPLIANCES, RECESSED LIGHTING, UPDATED BATHS, WOOD FLOORS, SPACIOUS MASTER SUITE WITH WALK IN CLOSET, MASTER BATH HAS DUAL VANITY, TRAVERTINE FLOORING AND SEPARATE TUB/SHOWER, GREAT ROOM/FAMILY ROOM WITH WETBAR, STUNNING GOLF COURSE AND MOUNTAIN VIEWS, 1.26 ACRES, GATED ENTRANCE WITH CIRCULAR DRIVEWAY, POOL, SPA, COVERED PATIO/DECK, PAID FOR SOLAR, POSSIBLE ADU WITH AN ADDITIONAL 2 BEDROOMS AND 1 BATH, INCREDIBLE PRIVACY, CUL DE SAC LOCATION. The manager has listed the unit size as 4348 square feet.
| |||
| Jun 29, 2016 | 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
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Granite Hills
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Listed by: Maureen Tess, Compass
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 160016867
Last Updated: 12 months ago
Data Source: CRMLS, MLS# 160016867
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