$55,000
●
Land -
Off Market
810 Monticello Drive
Escondido, CA 92029
Studio
0 Bath
$173,618
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Wow 1/2 acre in 92029 zip code. Located in an area called Felicita
Knolls. County Property surrounded by city. Newer Fire
Station On Felicita Rd. Close to shopping & easy access to I-15 off
Citracado Pk. Last lot on this St. Located at the end of the paved
cul-de-sac. Land is fairly flat & is.53 acres according to
county assessor,Look at the photos of the map to see where it is
colored in Blue ink (waterway) Animal designator code is "J"..
Lowest priced lot 92029 No septic & Home will fit at this time Nice
Neighbor to the left of this lot is willing to sell part of her
land to make this lot wider in order to have the 100 foot set back
from the drainage area for the septic and leach field which the
county is requiring...Currently she is asking $35,000 for half of
her lot parcel #5 because the new buyer will need to do all
the paperwork and requirements for the boundary adjustment.
Neighborhoods: Felicita Knolls Other Fees: 0 Sewer: Perc Test
Required
Unit Size
-
Days on Market
227 days
Land Size
0.53 acres
Price per sqft
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Property Type
Land
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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 #180037374)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2019 | Sold | ||
| Sold | |||
| Jul 9, 2018 | Listed by Berkshire Hathaway HomeService | $115,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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HOA + Taxes
About Felicita
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Barbara Hunt, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180037374
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180037374
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