$375,000
●
House -
Off Market
602 Downer Ave
El Cajon, CA 92020
3 Beds
2 Baths
1,350 Ft²
$763,521
RealtyHop Estimate
103.66%
Since Oct 1, 2014
CA-San Diego
Primary Model
About This Property
Stunning remodeled corner lot home. Save on your electric and water
bill with brand new energy efficient stainless steel appliances,
new A/C, light fixtures, low flow showerheads, toilets & faucets.
Low maintenance backyard with potential space for RV.
Spacious living room with refinished hardwood flooring, wood
burning stacked stone fireplace. Newer dual pane windows, new
custom cabinets, new granite countertops, new title and carpet, new
interior & exterior paint. Great location! FHA & VA are WELCOME!
Neighborhoods: Chase Mdws Equipment: Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
1,350 Ft²
Days on Market
33 days
Land Size
0.15 acres
Price per sqft
$278
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 #140047380)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2019 | Listed by Keller Williams Realty | $499,900 | |
| Listed by Keller Williams Realty | |||
   | |||
|
WONDERFUL RANCH STYLE EL CAJON- CORNER LOT- COUNTRY CHARMER- SHOWS LIKE A MODEL- REMODELED KITCHEN FEATURES STAINLESS STEEL APPLIANCES AND GRANITE COUNTER TOPS- SPACIOUS FAMILY ROOM WITH COZY FIREPLACE- UPGRADED LIGHT FIXTURES- MASTER BEDROOM WITH PRIVATE REMODELED BATH AND LARGE CLOSET- SPACIOUS SECONDARY BEDROOMS- REMODELED BATH- BACKYARD IS PERFECT FOR FAMILY FUN AND YOU CAN HAVE YOUR OWN VEGETABLE GARDEN- CENTRAL A/C- POTENTIAL RV/BOAT PARKING- HURRY THIS EL CAJON CHARMER WON'T LAST!!! Neighborhoods: El Cajon Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Sep 30, 2014 | Sold | ||
| Sold | |||
| Aug 28, 2014 | Listed by Helix Properties, Inc. | $374,900 | |
| Listed by Helix Properties, Inc. | |||
Property Highlights
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
Status
Type
Beds
Baths
ft²
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Sold On
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HOA + Taxes
About El Cajon
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Listed by: Max Armand, Helix Properties, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140047380
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140047380
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