$440,000
●
House -
Off Market
497 Murray Dr.
El Cajon, CA 92020
3 Beds
2 Baths,
1
Half Bath
2,540 Ft²
$1,137,814
RealtyHop Estimate
89.95%
Since Dec 1, 2015
CA-San Diego
Primary Model
About This Property
GOT VIEW? Large deck directly off of the living room is perfect for
entertaining and admiring the homes panoramic views. This 3BDR/2BA
split level home has over 2500 sq. ft. and potential galore! Home
has two fireplaces, laundry room, 2nd living room downstairs and
tons of storage . Amazing location and opportunity, bring your
ideas and creativity. Walking distance to Harry Griffin Park,
Grossmont High School and great freeway access are additional
highlights. Buyer to verify all before COE. Neighborhoods: Fletcher
Hills Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: GSL,
Unit Size
2,540 Ft²
Days on Market
88 days
Land Size
-
Price per sqft
$236
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #150044967)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2022 | No longer available | - | |
| No longer available | |||
| Aug 29, 2022 | Price Decreased |
$999,000
↓ $50K
(4.8%) | |
| Price Decreased | |||
| Aug 7, 2022 | Price Decreased |
$1,049,000
↓ $50K
(4.6%) | |
| Price Decreased | |||
| Jul 3, 2022 | No longer available | - | |
| No longer available | |||
| Jul 1, 2022 | Listed by eXp Realty of California Inc | $1,099,000 | |
| Listed by eXp Realty of California Inc | |||
| | |||
|
Day-dream views brought to life by this beautiful home in Fletcher Hills! Inside you'll find an expansive light and bright layout perfect for entertaining, coupled with City and Mountain views from you living room! 2 fireplaces between the upstairs and downstairs, oversized rooms, large backyard and a community that is peaceful and friendly. Truly, this home reflects pride of ownership with upgrades being done throughout - Including a jacuzzi tub and rainfall shower. Come see for yourself! The manager has listed the unit size as 2540 square feet.
| |||
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Property Highlights
Parking Available
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
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Listed by: Anna Sick, RE Defined Real Estate, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150044967
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150044967
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