$390,000
●
House -
Off Market
335 Octillio Circle
Borrego Springs, CA 92004
3 Beds
3 Baths
2,564 Ft²
$608,580
RealtyHop Estimate
47.00%
Since Jul 1, 2019
National-US
Primary Model
About This Property
PRICE REDUCED!!! Wonderful updated home nestled on over 2 acres in
Borrego Springs with incredible views. Dual pane wood windows.
Solid wood interior doors, Viking Appliances with built in
refrigerator and wine cooler makes this an ideal home. Travertine
floors with new inlaid laminate flooring. Master suite incl. jetted
soaking tub, dual sinks, its own fireplace, large walk in closet
and separate closet. Newly installed shower door for walk in
shower. All bedrooms have own ensuite bathroom. See Supp.
Freshly painted. Large oversized garage. Ample room for an RV
around the property. Front of property is set off from the main
road. Courtyard entry way. Patio cover. All measurements are
approximate. Buyer(s) and Buyer's Broker/Agent should verify
measurements and complete thorough inspections and investigations
prior to Close of Escrow to satisfy themselves with the current
condition of the property. Buyer(s) to verify and approve all data,
reports, records, inspections, permits, MLS, HOA, if applicable and
all information pertaining to the property prior to removal of
contingencies.. Neighborhoods: Unit B Equipment: Garage Door
Opener Other Fees: 0 Sewer: Septic Installed Topography: LL
Unit Size
2,564 Ft²
Days on Market
105 days
Land Size
-
Price per sqft
$161
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1999
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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 #190012878)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 13, 2022 | No longer available | - | |
| No longer available | |||
| Mar 23, 2022 | In contract | - | |
| In contract | |||
| Jan 29, 2022 | Listed by Road Runner Realty | $625,000 | |
| Listed by Road Runner Realty | |||
| | |||
|
Grand home on 2.5 acres with close up views of Indian Head Mtn. This home features an open floor plan with high ceilings, entertainer's kitchen with granite counters and high-end stainless appliances, Travertine floors, wood doors and windows, 3 covered patios, private front courtyard, carport, RV hookups, whole house water filtration, 3 fireplaces, and 24 solar panels. Out back there is plenty of room for a pool, etc. Offered mostly furnished so you can move right in and start enjoying from day one! The manager has listed the unit size as 2564 square feet.
| |||
| Jun 21, 2019 | Sold | ||
| Sold | |||
| Mar 8, 2019 | Listed by Thaidan Corp | $414,000 | |
| Listed by Thaidan Corp | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Borrego Springs
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Listed by: Daiuy Nguyen, Thaidan Corp
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190012878
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190012878
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