$378,000
●
House -
Off Market
531 El Monte
El Cajon, CA 92020
3 Beds
2 Baths
1,100 Ft²
$740,922
RealtyHop Estimate
97.11%
Since Apr 1, 2015
CA-San Diego
Primary Model
About This Property
Charming fully renovated 3 bed/2 bath home is the perfect starter
home or alternative to a condo without those annoying HOA fees and
governing rules. This Single level home has been modernized to
appeal to the modern buyer. Large flat usable yard, built in
barbeque patio with brand new deck and fully landscaped yard is
perfect for entertaining or just spending quality time with family.
Newly refinished hardwood floors & granite countertops, new
windows are just few of the homes amazing features. MUST SEE
Neighborhoods: El Cajon Equipment: Range/Oven, Shed(s) Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,100 Ft²
Days on Market
44 days
Land Size
0.16 acres
Price per sqft
$342
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #150004479)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2016 | Sold | ||
| Sold | |||
| Oct 10, 2016 | Listed by ROA California Inc | $424,900 | |
| Listed by ROA California Inc | |||
| | |||
|
BEAUTIFUL REMODELED 3 bedroom/2 bath HOME. VERY Charming w/FRONT CURB APPEAL. UPGRADED KITCHEN with STAINLESS APPLIANCES & GRANITE COUNTER TOPS. GREAT OPEN FLOOR PLAN w/ENERGY EFFICIENT WINDOWS. Real HARDWOOD FLOORS go wonderful w/HOME COLOR PALATE. All bedrooms have WALK-IN CLOSETS. Can't miss the HUGE LANDSCAPED BACKYARD w/NEW ARTIFICIAL TURF. COZY DECK right off the Kitchen. New INSULATION in ATTIC. SUPER CLEAN. MOVE IN READY. Close to all, easy freeway access. We welcome VA & FHA Buyers! [Supplement]: COUNTY RECORDS STATE 1,325 Living Square footage ,COUNTY RECORDS ACTUAL LIVING SQUARE FOOTAGE INCLUDES A PERMITTED LAUNDRY ROOM AND PERMITTED DEN. AT THIS MOMENT, THE DEN IS BEING USED AS THE GARAGE, BUT VERY CLEAN LOOKING. (RESIDENTIAL BUILDING RECORDS ENCLOSED) ALARM CONTRACTED UNTIL MARCH 2017. BUYER CAN TRANSFER ALARM IF CHOOSE TOO. ELECTRIC CAR OUTLET IN GARAGE. CAR CHARGER PLUG DOES NOT CONVEY. SOME OF THE FURNITURE ARE FOR SALE, IF BUYER CHOOSES TO BUY. PLEASE CONTACT LISTING AGENT FOR QUESTIONS REGARDING FURNITURE AND DECOR IN THE PROPERTY.
| |||
| Mar 11, 2015 | Sold | ||
| Sold | |||
| Jan 26, 2015 | Listed by Zimkin Realty | $375,900 | |
| Listed by Zimkin Realty | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About El Cajon
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Listed by: David Zimkin, Zimkin Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150004479
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150004479
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