$455,000
●
House -
Off Market
389 N Pierce Street
El Cajon, CA 92020
3 Beds
2 Baths
1,053 Ft²
$708,730
RealtyHop Estimate
57.53%
Since Oct 1, 2019
CA-San Diego
Primary Model
About This Property
Move-in ready upgraded home within walking distance of playground
park. This very light & bright home features; Central AC & furnace,
smooth ceilings, 2 full sized baths, granite kitchen with newer
cabinets & stainless steel appliances that all convey. Dual pane
windows, leased solar electric system, upgraded electric panel,
artificial turf backyard with paverstone patio. Permitted 15x12
Brewing/Workshop with lots of electricity. New interior vinyl
flooring & new paint inside. Other fine features include;
Several ceiling fans, all rooms have overhead lights. One car
garage with direct access to home with washer and dryer convey,
laundry tub, roll up door & storage shelving. Archway to granite
kitchen with lots of light wooden cabinetry. Large yard with
drainage system, several fruit trees. House is located minutes from
shopping & freeways.. Neighborhoods: Sunnyslope Heights
Equipment: Dryer,Garage Door Opener, Range/Oven, Shed(s),
Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,053 Ft²
Days on Market
74 days
Land Size
0.13 acres
Price per sqft
$427
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #190035446)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Sep 23, 2024 | Price Increased |
$705,000
↑ $10K
(1.4%) | |
| Price Increased | |||
| Sep 20, 2024 | Price Decreased |
$695,000
↓ $24K
(3.3%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Listed On
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Sold On
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HOA + Taxes
About El Cajon
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Listed by: Scott Kendall, Century 21 Award
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190035446
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190035446
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