$445,000
●
House -
Off Market
540 El Monte Rd
El Cajon, CA 92020
3 Beds
1 Bath
1,050 Ft²
$705,906
RealtyHop Estimate
57.22%
Since Aug 1, 2019
CA-San Diego
Primary Model
About This Property
Gorgeous Single Story Sunnyslope Heights Home! Huge level yard with
fruit trees, RV hookups, covered patio, and lots of space to make
your own. Inside there is matching granite in the kitchen and
bathrooms, central air conditioning and heat, recessed lighting,
oak floors, ceiling fans, and more! True pride of ownership, owner
installed solar system and new vinyl fence in 2018! Neighborhoods:
Sunnyslope Heights Equipment: Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL,GSL
Unit Size
1,050 Ft²
Days on Market
68 days
Land Size
0.17 acres
Price per sqft
$428
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 #190022456)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2019 | Sold | ||
| Sold | |||
| Apr 25, 2019 | Listed by Freealty | $449,000 | |
| Listed by Freealty | |||
| Feb 29, 2016 | Sold | ||
| Sold | |||
| Dec 9, 2015 | Listed by Fischbeck Realty | $389,000 | |
| Listed by Fischbeck Realty | |||
| | |||
|
Newly renovated home in highly desirable community of Sunnyslope Heights (lower Fletcher Hills). Large backyard offers endless potential with alley access, full RV hook-ups, covered patio. Beautiful kitchen and bath feature matching granite, tile and brand new cabinets. Slider door to backyard. Central heat and air. Updated recessed lighting. Beautifully refinished oak floors. Ceiling fans. This beautiful, turn-key home shows pride of ownership throughout. This is not a flip. Traditional sale. Go show! Neighborhoods: Sunnyslope Heights Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
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Property Highlights
Air Conditioning
Building Info
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: Alexander Good, Freealty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190022456
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190022456
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