$367,500
●
House -
Off Market
340 Alta Lane
El Cajon, CA 92021
2 Beds
1 Bath
824 Ft²
$611,198
RealtyHop Estimate
67.91%
Since Feb 1, 2017
National-US
Primary Model
About This Property
Desirable craftsman style home situated on a quiet street
overlooking an amazing mountain view. Current improvements include
new solar panels ( paid off), new electrical box, lighting,
flooring, fully fenced in yard and wood burning fireplace. Bright
and spacious inside with new SS appliances. Detached garage with
additional parking in driveway. Pick fresh fruit from the orange
trees or grow a luscious garden of your own. Can be available fully
furnished plus 2 a/c units. This is a must see home! Neighborhoods:
Crest Equipment: Dryer, Washer Other Fees: 123 Sewer:
Septic Installed Topography: GSL
Unit Size
824 Ft²
Days on Market
42 days
Land Size
0.24 acres
Price per sqft
$442
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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 #160065183)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2017 | Sold | ||
| Sold | |||
| Dec 16, 2016 | Listed by Coldwell Banker Res. Brokerage | $364,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
| Apr 27, 2012 | Sold | ||
| Sold | |||
| Feb 10, 2012 | Listed by Brookeshire Real Estate | $249,990 | |
| Listed by Brookeshire Real Estate | |||
| | |||
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Fall in love with this Crest Craftman style home. Gorgeous with soo much character and charm! Completey refurbished and wonderful. Brand new 30 year roof including all new fascia. Freshly painted and simply gorgeous. HUGE lot with so much potential. You will love the ambiance of this home. All new flooring througout, new lighting, counter tops, fireplace, the list goes on and on. The views of the mountains from the kitchen and the patio area are so peaceful and beautiful. Just a lovely home!! This home has been completely remodeled. Brand new 30 year roof with all new fascia around home and detached garage. New exterior paint on home, detached garage, play house and patio. Septic tank serviced cleaned and certified. Termite completed. All new kitchen appliances, new kitchen cabinet hardward, new finish on cabinets. All new flooring in home. New carpet in bedrooms, new tile in kitchen and bathrooms. New kitchen counter tops. All bathroom fixtures new. All new lighting fixtures throughout home with fans in bedrooms and family room. Laminate wood flooring in family room and hallway. All new doors, hardware and paint. Huge lot with so much potential. Great neighborhood and wonderful home with so much ambiance!! Other Fees: 0 Sewer: Septic Installed Topography: GSL
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Crest
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Listed by: Daniel Cordello, Coldwell Banker Res. Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160065183
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160065183
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