10155 Hermosa Way
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2023 | No longer available | - | |
| No longer available | |||
| Dec 22, 2022 | Price Decreased |
$1,999,999
↓ $95K
(4.5%) | |
| Price Decreased | |||
| Nov 9, 2022 | Price Decreased |
$2,095,000
↓ $200K
(8.7%) | |
| Price Decreased | |||
| Oct 19, 2022 | Listed by Coldwell Banker West | $2,295,000 | |
| Listed by Coldwell Banker West | |||
| | |||
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Seller is open to Buyer rate buy down, 3-2-1 program or other loan assistance programs. This is the Mt. Helix house you have been waiting for - location, pool, views, city lights and so much more. This 5 bedroom / 4 ½ bathroom home is at the end of a quiet cul de sac and is perfect for entertaining. Updated kitchen and bathrooms, TV room, office, solar, fireplaces and a wine closet. Options for where you want to eat your meals - formal round dining room, dining area, eat in kitchen area or outside deck. Enjoy the views from multiple rooms. Two primary bedrooms with attached bathrooms – 1 with a very large closet that was once a 6th bedroom. Large pool, jacuzzi, decorative waterfall with expansive pool deck that overlooks downtown El Cajon. Enjoy the city lights at night or beautiful mountain views during the day. Centrally located on Mt. Helix, desirable schools, close to downtown La Mesa and the Mt Helix open amphitheater. (Some photos are virtually staged) The manager has listed the unit size as 4850 square feet.
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| May 7, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017