$470,000
●
House -
Off Market
650 Avocado Ave
El Cajon, CA 92020
2 Beds
1 Bath
816 Ft²
$657,360
RealtyHop Estimate
46.08%
Since Aug 1, 2020
CA-San Diego
Primary Model
About This Property
Completely updated single-story home in El Cajon! ***Brand new
everything! ***Fully owned solar panels. ***New modern white
kitchen with all new appliances, including a top-of-the-line range
with modern hood. ***Fully renovated bathroom with white subway
tile shower. ***New waterproof laminate floors in the living areas
and new carpet in the bedrooms. ***Freshly painted inside and out.
***New plumbing and duct work including central air conditioning.
***Brand new garage door...(See Supplement) Brand new garage
door and fully redone interior. ***New custom fence and landscaping
in the front yard. ***HUGE over-sized backyard, ready for your
personal touch!. Neighborhoods: El Cajon Equipment: Garage
Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
816 Ft²
Days on Market
29 days
Land Size
0.17 acres
Price per sqft
$551
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #200026706)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2020 | Sold | ||
| Sold | |||
| Jun 4, 2020 | Listed by eXp Realty of California, Inc | $450,000 | |
| Listed by eXp Realty of California, Inc | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About El Cajon
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Listed by: Daniel Beer, eXp Realty of California, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200026706
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200026706
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