$265,500
●
House -
Off Market
523 Verdin Street
El Cajon, CA 92019
3 Beds
3 Baths
1,684 Ft²
$654,505
RealtyHop Estimate
152.70%
Since Nov 1, 2012
CA-San Diego
Primary Model
About This Property
Property has 3 bedrooms, 3 bathrooms, fireplace in living room,
carpet and tile throughout home, recently new granite like
countertops in kitchen, garage converted into a granny flat which
is 12x20, lots of windows and a beautiful large tree out front for
shade during the summer. Equipment: Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
1,684 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #120011222)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 17, 2020 | In contract | - | |
| In contract | |||
| Aug 26, 2020 | Listed | $600,000 | |
| Listed | |||
| | |||
|
Great, well maintained home on a large lot in a nice neighborhood. The home is listed on the Assessors site as a 3/3, however there is an optional 4th bedroom. One bedroom has it's own entrance and it's own bath. This bedroom was a garage conversion and permits are unknown to Seller and Agent. Madison Elementary, Montgomery Middle, and Granite Hills High are all within walking distance, as well as Kennedy Park. A detached, single car garage/workshop has been added at the back of the property. [Supplement]: Single car garage is set up for an air compressor, however the air compressor itself does not convey. Most light bulbs have been replaced with LEDs. The solar system is a Vivant system, and is on the P.P.A. program. Alarm system is a Vivant system as well, and is a monthly charge. Two large Chinese Elms provide shade to the front yard. The manager has listed the unit size as 1684 square feet.
| |||
| Oct 9, 2012 | Sold | ||
| Sold | |||
| Mar 1, 2012 | Listed by StoneCrest Real Estate | $259,000 | |
| Listed by StoneCrest Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christopher Sulentic, StoneCrest Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120011222
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120011222
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