$749,000
●
House -
Off Market
465 Horizon Lane
El Cajon, CA 92020
5 Beds
2 Baths,
1
Half Bath
2,760 Ft²
$1,198,012
RealtyHop Estimate
59.95%
Since Jul 1, 2018
CA-San Diego
Primary Model
About This Property
Great entertainment home with stunning and panoramic views. Enjoy
the tranquility and spaciousness of this 4BR/2.5 BA-plus home, with
the feel of a private retreat. You own the solar system,
which provides virtually free electricity. Located in the
Horizon Hills area of Mount Helix and Fuerte School. This home
features a large bonus room upstairs with a half bath.
Fireplaces both upstairs and downstairs. Large heated
pool and spa with brand new heater, natural gas fire pit, and BBQ.
Neighborhoods: Horizon Hills Equipment: Garage Door
Opener,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL,GSL
Unit Size
2,760 Ft²
Days on Market
81 days
Land Size
-
Price per sqft
$271
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
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Cap Rate Calculator
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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 #180016111)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 18, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $749,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 2760 square feet.
| |||
| Mar 29, 2018 | Listed by The Equity Company | $749,000 | |
| Listed by The Equity Company | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About El Cajon
Similar Homes for Sale
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Listed by: Andrew Gilcrest, The Equity Company
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180016111
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180016111
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