Listed by: Rachel Forester, Keller Williams Realty
$500,000
●
Land -
Off Market
3207 Ryan Drive
Escondido, CA 92025
Studio
0 Bath
$2,456
Est. Monthly
About This Property
Discover Your Dream Homesite on 2.71 acres in South Escondido!
Imagine waking up to the tranquility of rural living while
still being close to local amenities. This is more than just land;
it's a chance to create a lifestyle. Nestled in a serene setting on
a picturesque drive in South Escondido, this prime parcel of land
offers a unique opportunity to build your custom-designed home.
With graded building pad, construction drawings ready to submit,
installed septic, and an installed water meter this lot is ready to
build. Key features include: •Utilities Ready: Benefit
from an installed septic system and a water meter, streamlining
your build process. •Architectural Drawings Included: Explore
the potential of this lot with custom architectural house drawings
that are thoughtfully designed to maximize the serene landscape.
•Construction Drawings Available: Skip the preliminary
planning stages; detailed construction drawings are ready to submit
for permits. Don't miss out on this rare opportunity-schedule your
visit today and start envisioning your future in this idyllic
setting! All images of the house are virtually created.
Unit Size
-
Days on Market
70 days
Land Size
2.71 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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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 (CRMLS #240023201SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Relisted | $499,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 19, 2024 | Listed by Keller Williams Realty | $499,000 | |
| Listed by Keller Williams Realty | |||
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About East Canyon
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Listed by: Rachel Forester, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240023201SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240023201SD
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