$460,000
●
House -
Off Market
251 Salmon Road
Ramona, CA 92065
3 Beds
2 Baths,
1
Half Bath
2,053 Ft²
$876,627
RealtyHop Estimate
86.91%
Since Jun 1, 2014
National-US
Primary Model
About This Property
Gorgeous panoramic views of the Ramona valley & sunsets to enjoy
from the balcony of your Master suite. This well maintained home
features park like grounds, with numerous fruit trees/orchard, rock
outcroppings, ornamental trees, a perfect setting for family
gatherings, barbecues.. you name it! Hardwood Maple floors are just
beautiful, light & bright large kitchen, private neighborhood close
to all but away from the hustle and bustle of town, horse ready
with arena & shade covers... Neighborhoods: Ramona Equipment:
Dryer,Garage Door Opener, Range/Oven, Satellite Dish,
Shed(s), Washer Other Fees: 0 Sewer: Septic Installed
Topography: LL,GSL
Unit Size
2,053 Ft²
Days on Market
85 days
Land Size
2.16 acres
Price per sqft
$228
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #140011665)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2014 | Sold | ||
| Sold | |||
| Mar 5, 2014 | Listed by RE/MAX Direct | $469,000 | |
| Listed by RE/MAX Direct | |||
| Mar 14, 2012 | Sold | ||
| Sold | |||
| Nov 8, 2011 | Listed by Berkshire Hathaway HomeService | $399,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
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Amazing views from this well kept home on 2.17 acres of horse property. HARDWOOD MAPLE floors throughout, tile kitchen and baths. Property is horse ready with large arena, covers, feeders, 4 and 5 rail panels, oversized horse washrack. Large mature trees, fruit trees, cactus garden, retaining walls and irrigation throughout property. Buyer to verify all measurements by close of escrow. NOT a short sale or REO. Complex Features: , Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL
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Property Highlights
Garage
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
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Ramona
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Listed by: Cristina Vaughn, RE/MAX Direct
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140011665
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140011665
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