$417,500
●
House -
Off Market
775 Lemon Ave
El Cajon, CA 92020
3 Beds
1 Bath
1,018 Ft²
$704,373
RealtyHop Estimate
67.71%
Since Sep 1, 2017
CA-San Diego
Primary Model
About This Property
Welcome to this cute as a button of a home! This beauty features a
massive backyard w/ a paved patio, newer jacuzzi & horseshoe pit
just in time for summertime BBQs. Newer AC, Texcote exterior
paint, upgraded electrical panel, hardwood floors, Corian counter
tops, dual pane windows, newer water heater, rain gutters & TUFF
Shed for storage make this home move-in ready. The huge lot perfect
for RV/toys w/ large gate that opens up to backyard or even adding
more living space to the home. Neighborhoods: El Cajon Equipment:
Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: RSLP
Unit Size
1,018 Ft²
Days on Market
35 days
Land Size
0.20 acres
Price per sqft
$413
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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 #170034115)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 11, 2021 | In contract | - | |
| In contract | |||
| Mar 11, 2021 | Price Increased |
$560,000
↑ $35K
(6.7%) | |
| Price Increased | |||
| Mar 1, 2021 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Cozy home on a massive lot 8,900 sq ft lot! This beauty features an open floor plan with wood floors, new berber carpet in the living room & AC. Relax in your backyard oasis & BBQ in your huge partially paved backyard, play horseshoes or take a dip in the above ground, salt water pool. Plenty of space to add a 2nd home to the property or to park all your toys with large gate that opens up to the backyard. Large TUFF Shed for storage a plus! Optional 3rd bedroom off of the family room adds an additional 199 sq ft making the total living area over 1200 sq ft. Close to freeway, dining, shopping & schools. The manager has listed the unit size as 1217 square feet.
| |||
| Aug 4, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Parking Available
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
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Sold On
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HOA + Taxes
About El Cajon
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Listed by: Eddie Nguyen, Century 21 Award
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170034115
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170034115
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