$290,000
●
House -
Off Market
862 Lemon Avenue
El Cajon, CA 92020
2 Beds
1 Bath
892 Ft²
$539,247
RealtyHop Estimate
103.49%
Since Sep 1, 2014
CA-San Diego
Primary Model
About This Property
Great home for 1st time home buyer that wants a HUGE LOT. This
property also has Alley access to the back yard you can store
equipment / R.V's boats or there is plenty of room to build a Huge
Garage. Quite neighborhood with plenty of room to expand the house.
Bring your ideas...some sweat will build tons of Equity.
Neighborhoods: El Cajon Architectural Style:
Craftsman/Bungalow View: Craftsman/Bungalow Equipment:
Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
892 Ft²
Days on Market
37 days
Land Size
-
Price per sqft
$297
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 #140035634)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2017 | Sold | ||
| Sold | |||
| Nov 9, 2017 | Listed by Parker Properties | $409,000 | |
| Listed by Parker Properties | |||
| | |||
|
Honey Stop the car!!! Excellent opportunity to own a super cute 2 bedroom home on over 1/3 of an acre in El Cajon. New composition roof, Granite kitchen counter tops and stainless steel sink. Tile flooring with Carpet in the bedrooms for comfort. This lot is huge, tons of room for all your toys or projects with a Detached 1 car garage with new roll up door. New efficient tank less water heater and much more. This home is priced to sell fast and will not last long! Call today! Neighborhoods: El Cajon Equipment: Dryer Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Aug 7, 2014 | Sold | ||
| Sold | |||
| Jul 1, 2014 | Listed by AARE | $265,000 | |
| Listed by AARE | |||
Property Highlights
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About El Cajon
Similar Homes for Sale
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Listed by: Jodi Elliott, AARE
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140035634
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140035634
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