$685,000
●
House -
Off Market
997 AVOCADO Avenue
El Cajon, CA 92020
3 Beds
2 Baths
1,178 Ft²
$714,469
RealtyHop Estimate
5.85%
Since Oct 1, 2022
CA-San Diego
Primary Model
About This Property
JUST REDUCED ON 7/26/22, MOTIVATED SELLER!! TURNKEY HOME
READY TO MOVE IN! THIS REMODELED CORNER LOT HOME HAS NEW
KITCHEN AND BATHROOM CABINETS, NEWER APPLIANCES, NEW LAMINATE WOOD
FLOORING, NEW PAINT AND REMODELED BATHROOMS, ALL NEW DUAL PANE
WINDOWS THROUGHOUT, MIRRORED CLOSET DOORS, LARGE 2 CAR
GARGAGE WITH WASHER/DRYER HOOKUP, LARGE LOW MAINTENANCE BACKYARD
AREA WITH A NEW PATIO COVERING, GOT TO SEE TO APPRECIATE!!
Unit Size
1,178 Ft²
Days on Market
66 days
Land Size
0.13 acres
Price per sqft
$573
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981
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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: 11 months ago (SDMLS #PTP2204779)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by Noble Real Estate Services | $675,000 | |
| Listed by Noble Real Estate Services | |||
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Aug 8, 2021 | Listed by Noble Real Estate Services | $500,000 | |
| Listed by Noble Real Estate Services | |||
| | |||
|
GREAT CORNER LOT HOME WITH LOT OF POTENTIAL FOR THE RIGHT BUYER! THIS INVESTOR DELIGHT HAS A LARGE LOT WITH LOTS OF POTENTIALS, LARGE LIVING ROOM AND KITCHEN, PROPERTY IS CENTRALLY LOCATED AND HAS GREAT POTENTIALS**PLEASE DON'T BOTHER TENANTS OR APPROACH NEAR PROPERTY***
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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About El Cajon
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Listed by: Simon Sung, Noble Real Estate Services
Last Updated: 11 months ago
Data Source: CRMLS, MLS# PTP2204779
Last Updated: 11 months ago
Data Source: CRMLS, MLS# PTP2204779
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