$410,000
●
House -
Off Market
1024 Sangamon Ave
Spring Valley, CA 91977
4 Beds
2 Baths
1,848 Ft²
$696,130
RealtyHop Estimate
69.79%
Since Jul 1, 2017
CA-San Diego
Primary Model
About This Property
Views from this property will take your breath away. Needs TLC,
Overlooking Sweetwater lake, a rare catch! This property boasts 2
stories with 4 bedrooms (County record shows 3 only!), tile floor
throughout, carpet in bedrooms, newer A/C unit, newer sliding doors
to front and back balconies, newer vanity in master bedroom, fruit
trees include one extra sweet mulberry tree. Neighborhoods:
Dictionary Hills Equipment: Garage Door Opener, Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: GSL
Unit Size
1,848 Ft²
Days on Market
582 days
Land Size
-
Price per sqft
$222
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #150062613)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Oct 14, 2020 | In contract | - | |
| In contract | |||
| Oct 4, 2020 | Listed | $549,000 | |
| Listed | |||
| | |||
|
Move-in Ready Spring valley home located on Dictionary Hills shows true Pride of Ownership! This home will take your breath away with an abundance of natural sunlight, an open floorplan, and two large balconies offering tranquil views of the mountains and Sweetwater Lake. The updated kitchen offers white cabinetry, Quartz countertops, tile backsplash, a large center island with bar seating, stainless steel appliances, and overlooks the dining room and flows into the living room with fireplace. The manager has listed the unit size as 1848 square feet.
| |||
| Jun 29, 2017 | Sold | ||
| Sold | |||
| Nov 25, 2015 | Listed by IQ Realty & Lending | $410,000 | |
| Listed by IQ Realty & Lending | |||
Property Highlights
Air Conditioning
Fireplace
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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Sold On
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HOA + Taxes
About La Presa
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Listed by: Faris Stephan, IQ Realty & Lending
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150062613
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150062613
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