$462,500
●
House -
Off Market
11803 Waterhill Rd
Lakeside, CA 92040
3 Beds
2 Baths
1,600 Ft²
$842,877
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model
About This Property
Private 3 bedroom, 2 bath single story home on .6 acre surrounded
by trees with a view from the front. Kitchen was just
remodeled with granite, stainless appliances & sink, painted
cabinets. Pick your flooring and interior paint (needs
updating) and the home offers tons of potential. Priced to
sell! 1600 sf does NOT include a huge 27x15 studio/workshop
built behind the 2 car carport, a separate shed & treehouse.
Upgraded windows, central air/heat, and parking for multiple
cars, possibly an RV! Neighborhoods: Riverview Farms Equipment:
Range/Oven, Shed(s) Other Fees: 0 Sewer: Sewer
Connected Topography: RSLP
Unit Size
1,600 Ft²
Days on Market
55 days
Land Size
0.60 acres
Price per sqft
$297
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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 #150033760)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2022 | No longer available | - | |
| No longer available | |||
| Aug 5, 2022 | In contract | - | |
| In contract | |||
| Jul 24, 2022 | Price Decreased |
$720,000
↓ $9K
(1.2%) | |
| Price Decreased | |||
| Jul 15, 2022 | Price Decreased |
$729,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jul 6, 2022 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Winter Gardens
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Listed by: John Rim, Realty Advantage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150033760
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150033760
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