$577,500
●
House -
Off Market
774 Palomar Avenue
El Cajon, CA 92020
5 Beds
3 Baths
2,575 Ft²
$901,922
RealtyHop Estimate
56.88%
Since Jul 1, 2019
CA-San Diego
Primary Model
About This Property
GREAT VALUE in this FAMILY HOME! Lowest Price home over 4 bedrooms
in 92020. Beautiful, Pristine & Spacious. You won't believe your
eyes when you step into this wonderful custom home. 5 Bed, 3 Full
Bath, 2,575 sq ft sitting on a quaint & quiet street. A must-see if
you need extra space for family or office space! Meticulously cared
for & deeply loved; this house has meant so much to the sellers for
the past 20+ years. Now it's time for you to call it home! Plenty
of street parking and great neighbors. Family Room w/
fireplace. Fenced in side yard. Great covered patio & backyard. A
Must See! Great covered patio and yard. HUGE Sunken Living Room
with room for the whole family to hang out steps out to a covered
patio and private yard for the kids to play, Beautiful kitchen, New
Carpet, PAID for SOLAR, Fresh custom paint. Master bedroom and 2
large bedrooms on the main floor with 2 bedrooms and a full
bathroom upstairs along with homework/loft area. Walking
distance to Emerald Magnet Middle School and Chase Elementary,
shopping and easy freeway access. This home won't last long..
Neighborhoods: El Cajon Equipment: Range/Oven,
Satellite Dish, Shed(s), Washer, Water Filtration Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
2,575 Ft²
Days on Market
43 days
Land Size
0.14 acres
Price per sqft
$223
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 #190023713)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 14, 2019 | Sold | ||
| Sold | |||
| May 4, 2019 | No longer available | - | |
| No longer available | |||
| May 2, 2019 | Listed by Steele Canyon Realty | $574,900 | |
| Listed by Steele Canyon Realty | |||
| Apr 25, 2019 | Price Decreased |
$599,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Mar 27, 2019 | Listed | $615,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 2575 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
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
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Listed by: Lisa Ruiz, Steele Canyon Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190023713
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190023713
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