$490,000
●
House -
Off Market
766 Melanie Ln
El Cajon, CA 92021
3 Beds
2 Baths
1,294 Ft²
$798,141
RealtyHop Estimate
59.95%
Since Jul 1, 2018
CA-San Diego
Primary Model
About This Property
This home sits at the end of the private drive. 3BEDS/2BATHS. The
inviting covered porch takes you into a spacious living room that
flows into the kitchen. The kitchen is a place of beauty with
granite counter tops and an island as you enjoy cooking for you and
your guests. The Master bedroom has a walk in closet. This home is
a must see for the new homebuyer that wants it all! The family will
love this new development. Home has a large yard and dog run. Newly
built in 2008. Neighborhoods: Bostonia Acres Ext Equipment:
Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,294 Ft²
Days on Market
69 days
Land Size
0.12 acres
Price per sqft
$386
Property Type
House
Property Taxes
-
HOA Dues
$120
Year Built
2008
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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: 5 months ago (SDMLS #180020754)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 28, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $499,000 | |
| Listed | |||
| | |||
|
This home sits at the end of the private drive. 3BEDS/2BATHS. The inviting covered porch takes you into a spacious living room that flows into the kitchen. The kitchen is a place of beauty with granite counter tops and an island as you enjoy cooking for you and your guests. The Master bedroom has a walk in closet. This home is a must see for the new homebuyer that wants it all! The family will love this new development. Home has a large yard and dog run. Newly built in 2008.The manager has listed the unit size as 1294 square feet.
| |||
| Apr 20, 2018 | Listed by Keller Williams Realty | $499,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lisa Miller-Carnation, Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180020754
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180020754
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