$430,000
●
House -
Off Market
551 Raymond Street
El Cajon, CA 92020
3 Beds
2 Baths
1,232 Ft²
$675,545
RealtyHop Estimate
64.77%
Since Feb 1, 2018
CA-San Diego
Primary Model
About This Property
Welcome home to El Cajon! This adorable single family home welcomes
you with artificial turf in the front yard which is low maintenance
and always green. The home boasts lots of natural light with an
oversized window in living room and an extra large slider in the
dining room. The kitchen has an abundance of cabinets and room to
meal prep. The Kraftmaid cabinetry in the kitchen includes extras
like pull out shelves in the pantry, a pull down cookbook holder,
and even one set of glass doors to display your dishware. New
flooring has been placed in the living room, dining room, and
kitchen area. Numerous ceiling fans are located throughout the home
and every bedroom closet features built-ins, including velvet
jewelry lined drawers in the master closet. The backyard features a
covered patio, freshly painted fencing, and a gated side yard for a
possible dog run if desired.
Unit Size
1,232 Ft²
Days on Market
37 days
Land Size
0.14 acres
Price per sqft
$333
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 (CRMLS #SW17266201)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2018 | Sold | ||
| Sold | |||
| Nov 29, 2017 | Listed by Exit Blue Water Realty | $410,000 | |
| Listed by Exit Blue Water Realty | |||
Property Highlights
Air Conditioning
Fireplace
Garage
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
Similar Homes for Sale
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Listed by: Christine Lovett, Exit Blue Water Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17266201
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW17266201
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