$465,000
●
House -
Off Market
903 Erica Street
Escondido, CA 92027
3 Beds
2 Baths
1,222 Ft²
$727,448
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
Move-in ready Escondido Charmer! This single story home has been
given lots of love and is now ready for it's new owners. As you
enter you notice the bright living spaces. Fresh new carpet in the
bedrooms and laminate flooring throughout. Designer kitchen
with granite counter tops, plenty of counter space, stainless steel
appliances, and a breakfast nook. New paint inside and outside,
newer HVAC and Solar systems. Picture yourself entertaining friends
and family in the huge backyard. Neighborhoods: EAST ESCONDIDO
Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected, Public Sewer Topography: LL
Unit Size
1,222 Ft²
Days on Market
124 days
Land Size
0.16 acres
Price per sqft
$393
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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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: 5 months ago (SDMLS #180011023)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2018 | Sold | ||
| Sold | |||
| Feb 25, 2018 | Listed by Pacific Sotheby's Int'l Realty | $479,900 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Jul 10, 2014 | Sold | ||
| Sold | |||
| May 19, 2014 | Listed by Century 21 1st Choice Realty | $340,000 | |
| Listed by Century 21 1st Choice Realty | |||
| | |||
|
MOVE IN READY!!! WHAT A DEAL!!! REMODELED 3 years AGO TO INCLUDE: EXTERIOR/INTERIOR PAINT, KITCHEN CABINETS WITH GRANITE COUNTERS, NDUAL PANE WINDOWS, STAINLESS STEEL APPLIANCES, LIGHTING, ROOF ATTACHED 2-CAR GARAGE WITH AUTOMATIC DOOR (ONE OPENER) !!! NEW FLOORING! SITUATED IN A QUIET STREET WITH DIRECT FREEWAY ACCESS CLOSE TO SCHOOLS/SHOPPING! CONVENTIONAL SALE - CAN CLOSE QUICKLY! PERFECT FOR FIRST TIME HOMEBUYERS/GROWING FAMILY! MILITARY FAMILIES WELCOME! Neighborhoods: escondido Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Available
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 Midway
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Currently no similar homes aroundNearby Rentals
Listed by: Cynthia Caricchio, Pacific Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180011023
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180011023
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