$550,000
●
House -
Off Market
488 Nothomb St
El Cajon, CA 92019
3 Beds
1 Bath,
1
Half Bath
1,552 Ft²
$834,272
RealtyHop Estimate
51.69%
Since Apr 1, 2020
CA-San Diego
Primary Model
About This Property
Beautiful Single Level Home in Quiet Neighborhood. 3BR+ Opt BR, 1.5
BA. Updated tile,hardwood & vinyl plank flooring
throughout,stainless steel appliances, updated vinyl windows,
interior & exterior paint throughout, newer water heater,LED
lighting, newer 200amp main electrical panel,newer roof w/ 14 panel
4.2KW Owned Solar. 40' x 20' gated RV parking. Drought tolerant
front landscaping. Permitted addition has its own permitted HVAC
split heating & cooling system. Sand box & wood play house, and dog
run. Pride of Ownership Home. Move-in Ready. Great Curb
Appeal. Beautiful Single Level Home in Quiet Neighborhood. 3 BR w/
Opt. BR, 1.5 baths, & 1552 SQ FT w/ permitted addition. Updated
tile, hardwood, and vinyl plank flooring throughout including
stainless steel appliances, updated vinyl windows, interior and
exterior paint throughout, newer water heater, LED lighting, newer
200amp main electrical panel, newer roof with 14 panel 4.2KW Owned
Solar, and drought tolerant front landscaping. Permitted addition
has its own permitted HVAC split heating and cooling system.
40' x 20' gated RV parking space as well as custom built 10' x 10' shed and finished attached 2 car garage. Exterior electrical
outlets for outdoor lighting and ring security garage camera. Sand
box and wood play house for the kids and dog run for the pup.
Minutes to Meridian, Montgomery and Granite Hills School..
Neighborhoods: Granite Hills Equipment: Shed(s) Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,552 Ft²
Days on Market
36 days
Land Size
0.16 acres
Price per sqft
$354
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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 #200006184)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2022 | No longer available | - | |
| No longer available | |||
| May 13, 2022 | In contract | - | |
| In contract | |||
| May 7, 2022 | No longer available | - | |
| No longer available | |||
| Apr 26, 2022 | In contract | - | |
| In contract | |||
| Apr 15, 2022 | Listed by eXp Realty of California Inc | $749,900 | |
| Listed by eXp Realty of California Inc | |||
| | |||
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The perfect home for work and play! Paid solar, oversized RV parking with hookups, upgraded interior, AC, super high speed communications hookups and a massive bonus room. This home is in immaculate condition. No carpet; tile and engineered wood throughout. Flush mounted lights and tons of cabinet storage space. Two refrigerators! Stainless steel appliances, open concept. The front yard has been fully xeriscaped for virtually no maintenance. The back yard is absolutely manicured with a set of cute raised garden beds, roses, a playhouse and shade sails. It’s like a summer camp at home. There is an oversized storage shed that conveys as well as outdoor storage racks. The home is in a picturesque little neighborhood with pride of ownership. A hidden gem in a tiny paradise, walking distance to elementary schools and churches. You must see! This incredible home will go fast. The manager has listed the unit size as 1500 square feet.
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About El Cajon
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Listed by: Andrew Pheasant, Coldwell Banker West
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200006184
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200006184
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