$472,000
●
House -
Off Market
579 Wayne Ave.
El Cajon, CA 92021
3 Beds
2 Baths
1,704 Ft²
$757,217
RealtyHop Estimate
61.45%
Since Sep 1, 2018
CA-San Diego
Primary Model
About This Property
Welcome Home to this large 3 bedroom, 2 bath home with over 1700
sq.ft. for your enjoyment. New stainless steel appliances, a huge
family room, new flooring, freshly painted, new baseboard, ceiling
fans, dual pane windows, whole house fan and central air/heat.
The family room is approximately 525 sq.ft. (25x21) and has
high, open beam, knotty pine ceilings. There's a nice size back
yard with a covered patio, fruit trees and garden area. Close
to freeway, shopping and schools. Neighborhoods: El Cajon Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,704 Ft²
Days on Market
42 days
Land Size
-
Price per sqft
$275
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #180039432)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 6, 2020 | In contract | - | |
| In contract | |||
| Oct 1, 2020 | Listed | $574,999 | |
| Listed | |||
| | |||
|
5 Bedroom Deal of the Year! Take advantage of this 5 Bedroom Home for the Price of a 3 bedroom. This beautifully remodeled home has taken a permitted gigantic room and converted it into 2 full size bedrooms for your growing families needs. Situated directly off Interstate 8 and near various restaurants and shopping centers you have this completely remodeled/rehabbed home in El Cajon. Upon arrival you’ll notice a white picket fence and a new porch perfect for those warm evening nights. The entire home has fresh paint and newly upgraded flooring throughout the home. Another bonus is the upgraded granite countertops and cabinets in the kitchen area. This property features a huge family room perfect for entertaining and will make this aperfect starter home for new families or those that would love to come and retire within San Diego County. So come take a look at this lovely renovated home in a great community. The manager has listed the unit size as 1704 square feet.
| |||
| Aug 29, 2018 | Sold | ||
| Sold | |||
| Jul 18, 2018 | Listed by Coldwell Banker Res. Brokerage | $469,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Garage
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: Caren Connolly, Coldwell Banker Res. Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039432
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039432
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