$1,150,000
●
House -
Off Market
271 Murray Drive Drive
El Cajon, CA 92020
4 Beds
3 Baths
2,487 Ft²
$1,075,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
CA-San Diego
Primary Model
About This Property
Gorgeous, Remodeled, Multigenerational property, in Move-In
condition, located on a Cul-de-Sac, on a 0.43 acre lot, with
Sweeping & Panoramic VIEWS. Enjoy the Views from all Bedrooms & the
large living room/dining room, sliding glass doors open to a GIANT
40' long Balcony. Single Level living with 2 large bedrooms & 1
Bathroom at street level (1 bed currently an office), Chef's
kitchen with Black Granite counters, and, in the Dinette area,
your own indoor Barbecue. Downstairs you have 2 separate
Mother-in-Law quarters, with 2 separate bedrooms, 2 full bathrooms
& 2 kitchens, & a separate entrance. Perfect for a large family or
2 rentals. You may also enjoy the Views from your private, fully
fenced Pool & deck. No HOA or MelloRoos. Neighborhood schools
are Fletcher Hills Elementary, Parkway Middle School & Grossmont
High
School.
Unit Size
2,487 Ft²
Days on Market
58 days
Land Size
0.43 acres
Price per sqft
$432
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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: 2 years ago (SDMLS #NDP2307337)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Jul 13, 2023 | Listed by Coldwell Banker Realty | $1,075,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Fireplace
With View
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
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Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Eveline Bustillos, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2307337
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2307337
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