$515,000
●
House -
Off Market
596 Morgan Way
El Cajon, CA 92020
4 Beds
2 Baths
1,508 Ft²
$807,738
RealtyHop Estimate
59.95%
Since Jul 1, 2018
CA-San Diego
Primary Model
About This Property
Gorgeous, move in ready home! Countless upgrades and professionally
landscaped backyard oasis will have you planning your weekends to
entertain! Custom built seating area and fire pit, hardwood floors,
fully renovated bathrooms are just some of the beautiful features
this home has to offer. Owner meticulously maintained and renovated
home. This beautiful home won't last long! Neighborhoods: Helix
Park Other Fees: 0 Sewer: Sewer Connected, Public Sewer
Topography: LL
Unit Size
1,508 Ft²
Days on Market
32 days
Land Size
-
Price per sqft
$335
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 #180024854)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 11, 2018 | Sold | ||
| Sold | |||
| May 10, 2018 | Listed by Allen & Rosa Inc | $505,000 | |
| Listed by Allen & Rosa Inc | |||
| Apr 18, 2014 | Sold | ||
| Sold | |||
| Sep 26, 2013 | Listed by SD Mortgage & Real Estate | $384,000 | |
| Listed by SD Mortgage & Real Estate | |||
| | |||
|
Traditional Sale!! Walking distance to Parks, Community Center, Churches & Schools. A/C, Hardwood flooring, roomy eat in kitchen with extra counter top space, formal dining room for family dinners, fireplace in cozy main living room for winter & upgraded dual pane sliding glass door/windows throughout home. Neutral paint, white baseboards, and white panel interior bedroom and closet doors. Corner lot with solid front and rear landscape potential located at beginning of cul-de-sac. BOM due to buyers. Neighborhoods: El Cajon Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Available Topography: LL
| |||
| May 1, 2012 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
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ft²
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HOA + Taxes
About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Shannon Grindley, Allen & Rosa Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180024854
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180024854
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