$343,000
●
House -
Off Market
422 El Rancho Lane
Escondido, CA 92027
3 Beds
1 Bath,
1
Half Bath
1,294 Ft²
$619,622
RealtyHop Estimate
82.78%
Since Apr 1, 2015
National-US
Primary Model
About This Property
This single level home features galley style chef's kitchen with
granite counter tops, wood cabinetry and stainless steel appliances
and opens up to a cozy breakfast nook. Spacious, open floor plan
provides plenty of space for the entire family. Large, level
backyard has lots of potential and offers plenty of space for
entertaining. Located in quiet, family friendly neighborhood.
Almost new roof, central heat/air, and dual pane windows.
Neighborhoods: Escondido Equipment: Garage Door Opener Other Fees:
0 Sewer: Sewer Connected Topography: LL
Unit Size
1,294 Ft²
Days on Market
58 days
Land Size
-
Price per sqft
$262
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #150003677)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 28, 2020 | In contract | - | |
| In contract | |||
| May 14, 2020 | Listed | $469,000 | |
| Listed | |||
| | |||
|
Welcome home to this charming 3-bedroom, 1.5 bath house in Escondido. Home features granite counter tops, wood cabinetry and stainless-steel appliances and opens up to a cozy breakfast nook. Home has recently been remodeled. Spacious, open floor plan provides plenty of space for the entire family. Large, level backyard has lots of potential and offers plenty of space for entertaining. Located in quiet, family friendly neighborhood. Home has central heat/air, and dual pane windows. This home will not last! The manager has listed the unit size as 1294 square feet.
| |||
| Mar 20, 2015 | Sold | ||
| Sold | |||
| Jan 21, 2015 | Listed by ParaCapital Group | $339,000 | |
| Listed by ParaCapital Group | |||
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Property Highlights
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
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HOA + Taxes
About Midway
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Listed by: Jason Pawlak, ParaCapital Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150003677
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150003677
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