$460,000
●
House -
Off Market
700 Balsam Drive
El Cajon, CA 92019
4 Beds
2 Baths
1,430 Ft²
$876,593
RealtyHop Estimate
90.98%
Since Sep 1, 2015
CA-San Diego
Primary Model
About This Property
GORGEOUS Granite Hills 3 BR 2 BA REMODELED home!Beautiful kitchen
offering granite counter tops, updated appliances, breakfast bar &
lovely pull out drawers in pantry! Great open layout to dining area
& nice size living RM featuring handsome stone fireplace &
speakers! Master retreat w/walk-in closet, ceiling speakers &
beautiful bathroom! Private backyard w/sparkling pool, patio cover
& built in BBQ! Nice size laundry room, optional 4th room/office &
2 car garage! Cont. on cancelation of current escrow.
Neighborhoods: Granite Hills Equipment: Pool/Spa/Equipment,
Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography:
LL
Unit Size
1,430 Ft²
Days on Market
113 days
Land Size
-
Price per sqft
$321
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972
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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 #150024665)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2015 | Sold | ||
| Sold | |||
| May 7, 2015 | Listed by Berkshire Hathaway HomeService | $459,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| May 7, 2012 | Sold | ||
| Sold | |||
| Oct 13, 2011 | Listed by Signature Real Estate & Loans | $250,000 | |
| Listed by Signature Real Estate & Loans | |||
| | |||
|
A charming, warm and cozy 3bed room 2 full bath home on a corner lot with a pool. A pride of ownership and has been meticulously maintained over the years, Space for RV parking w/sewer & electrical hookup. Large Master bedroom with a sliding door to the pool & spa, Walk-in closets in MB, large corner lot, No HOA or Mello-Roos Fees, SHOWING WITH APPOINTMENT ONLY. PLEASE, RESPECT PRIVACY OF OCCUPANTS, NO SIGN ON PROPERTY. Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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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
Status
Type
Beds
Baths
ft²
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Sold On
HOA + Taxes
About El Cajon
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Listed by: Bob Kelly, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150024665
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150024665
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