$402,500
●
House -
Off Market
2809 REED RD
Escondido, CA 92027
3 Beds
2 Baths
1,605 Ft²
$737,446
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model
About This Property
Beautifully updated single level home in excellent area on a huge
lot with a sparkling pool. Upgrades galore with all new carpet,
kitchen, baths, paint, windows and more. Cozy & comfortable is the
only way to describe the large natural stone fireplace in the large
living room. Huge lot with plenty of room for entertaining
under a covered patio, wood deck, concrete pool decking and large
private yard. There is even a waterfall! Minutes to
downtown Escondido, Cruisin Grand and restaurants. Neighborhoods:
Escondido Equipment: Garage Door Opener,Pool/Spa/Equipment,
Range/Oven Other Fees: 0 Sewer: Septic Installed Topography:
GSL
Unit Size
1,605 Ft²
Days on Market
57 days
Land Size
-
Price per sqft
$249
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968
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Cap Rate Calculator
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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 #140065650)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 6, 2020 | Listed | $524,900 | |
| Listed | |||
| | |||
|
Beautifully updated home with a spacious floorplan, gorgeous beamed ceilings, plank flooring, smooth textured ceilings, dual pane windows, and modern touches throughout! The living room with floor to ceiling rock fireplace has sliding glass door access to the backyard. The living room opens to the dining area which also accesses the yard. The remodeled kitchen features white cabinetry with lots of storage space, custom tile backsplash, recessed lighting, and stainless steel appliances. The manager has listed the unit size as 1605 square feet.
| |||
| Feb 12, 2015 | Sold | ||
| Sold | |||
| Dec 17, 2014 | Listed by RE/MAX Hometown, Realtors | $399,000 | |
| Listed by RE/MAX Hometown, Realtors | |||
Property Highlights
Parking Available
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About East Grove
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Listed by: Kelly Jones, RE/MAX Hometown, Realtors
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140065650
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140065650
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