$880,000
●
House -
Off Market
277 Croydon Lane
El Cajon, CA 92020
3 Beds
2 Baths,
1
Half Bath
2,177 Ft²
$976,283
RealtyHop Estimate
14.86%
Since Sep 1, 2021
CA-San Diego
Primary Model
About This Property
Privacy, views and space! This tri-level Fletcher Hills home will
surprise you! Perched up on a hill with east facing views
from the living room, this unique floorplan provides so many
options! Upon entering the home you will love the vaulted
ceilings, wood flooring, brick fireplace and open layout. The
kitchen has been updated and includes white cabinets, a beautiful
island, and stainless steel appliances. Travel up a short set of
stairs to find all three bedrooms on one level and down a short set
of stairs to find an additional living area with a fireplace that
could be used a wonderful family room, home gym or game room.
There is also an additional space that is currently used as
an office. The roof and solar panels were installed in 2016
and the solar is OWNED with 15 panels. Other updates include
dual pane windows, new furnace in 2009 and new AC compressor in
2019. The driveway has been completely remodeled with pavers
and the backyard is nicely hardscaped for low maintenance upkeep
and includes a wonderful covered patio area for entertaining.
This home is situated on a large lot with 12,800 square feet.
Unit Size
2,177 Ft²
Days on Market
34 days
Land Size
0.29 acres
Price per sqft
$390
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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: 13 months ago (SDMLS #PTP2105054)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2021 | Sold | ||
| Sold | |||
| Jul 17, 2021 | Listed by Coldwell Banker West | $850,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Amber Tannehill, Coldwell Banker West
Last Updated: 13 months ago
Data Source: CRMLS, MLS# PTP2105054
Last Updated: 13 months ago
Data Source: CRMLS, MLS# PTP2105054
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