$341,500
●
House -
Off Market
608 6Th St
Ramona, CA 92065
2 Beds
1 Bath
1,040 Ft²
$530,969
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model
About This Property
Wonderful starter home on large lot (.33 acre) close to schools,
parks and shopping. Home has character with wood beamed ceilings,
tile floors, updated bath and kitchen, new carpet, fresh paint and
each bedroom has its own walk-in closet. Large yard with covered
patio, storage shed with power and room for animals. The
oversized 2 plus carport is equipped with power and may be
converted into enclosed garage. RV hook-ups and parking available
on site. Neighborhoods: Ramona Equipment: Range/Oven, Shed(s)
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,040 Ft²
Days on Market
43 days
Land Size
0.33 acres
Price per sqft
$336
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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 #180062302)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2018 | Sold | ||
| Sold | |||
| Nov 7, 2018 | Listed by Compass | $349,000 | |
| Listed by Compass | |||
| Nov 5, 2018 | No longer available | - | |
| No longer available | |||
| Oct 29, 2018 | No longer available | - | |
| No longer available | |||
| Oct 4, 2018 | Listed | $359,000 | |
| Listed | |||
| | |||
|
Wonderful starter home on large lot close to schools, parks and shopping. Home boasts beautiful wood beamed ceilings, tile floors, updated bath and kitchen and each bedroom has its own walk-in closet. The large carport is equipped with power and may be converted into enclosed garage. RV hook-ups and parking available on site along with large storage shed. The manager has listed the unit size as 1040 square feet.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Ramona
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Listed by: Cindy Ellison, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180062302
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180062302
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