$380,000
●
House -
Off Market
561 Tamarisk Way
El Cajon, CA 92020
3 Beds
2 Baths
1,740 Ft²
$740,197
RealtyHop Estimate
112.09%
Since Jan 1, 2014
CA-San Diego
Primary Model
About This Property
BEAUTIFULLY REMODELED REGULAR SALE! Amazing OPEN FLOORPLAN that
shows off gorgeous GRANITE KITCHEN with CENTER ISLAND, dark
CHERRYWOOD CABINETS and STAINLESS STEEL APPLIANCES. New VINYL
WINDOWS. Fireplace in HUGE FAMILY ROOM with OFFICE or EXTRA
BEDROOM. Single level with HARDWOOD LOOK flooring offseting
TRAVERTINE TILE IN KITCHEN. Master bath has huge CUSTOM TRAVERTINE
WALK IN SHOWER with gorgeous VANITY. New CARPETED BEDROOMS. Fenced
DOG RUN. BIG BACKYARD. Buyer to verify all before close. MUST SEE!
Neighborhoods: Joey Manor Equipment: Garage Door Opener, Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,740 Ft²
Days on Market
44 days
Land Size
-
Price per sqft
$201
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #130057304)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | Listed by Prime Source Realty | $825,000 | |
| Listed by Prime Source Realty | |||
| | |||
|
Beautifully remodeled home with amazing single story open floor plan and spacious back yard. Kitchen boasts granite counter tops, travertine tile floor, center island, cherry wood cabinets and stainless steel appliances. New roof and solar panels by Tesla/Solar City. Vinyl windows throughout. Family room is equipped with fireplace and is adjacent to bonus room. Impressive master bath. Roof was replaced in 2014. New water heater installed 9/22. New carpet installed 6/22. New water filtration/softener/purifier system installed 10/20. App controlled lights. New microwave in 2020. New cedar fence installed 1/21. Upgraded electrical panel with solar panel install. SOLAR PANELS ARE ON A 20 YEAR LEASE WITH TESLA/SOLAR CITY AND MUST TRANSFER. PLEASE SEE ATTACHED LEASE AGREEMENT AND MAKE SURE YOUR BUYER UNDERSTANDS THAT THEY WILL BE ASSUMING THIS LEASE PRIOR TO MAKING AN OFFER. SOLAR PANEL LEASE CANNOT BE TERMINATED. All kitchen appliances will transfer. Alarm system is with Monitronics and can be taken over by Buyer or disconnected. Security cameras (without DVR) are also installed on the property and can/will be transferred. Please see attached documents regarding Solar City agreement.
| |||
| Dec 9, 2013 | Sold | ||
| Sold | |||
| Oct 26, 2013 | Listed by Keller Williams Realty | $349,000 | |
| Listed by Keller Williams Realty | |||
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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HOA + Taxes
About El Cajon
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Listed by: Carol LaRosh, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130057304
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130057304
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