$505,000
●
House -
Off Market
12198 Gay Rio Drive
Lakeside, CA 92040
3 Beds
2 Baths
2,169 Ft²
$756,401
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model
About This Property
A little bit of country-type living in Lakeside. Roomy and
functional floorplan appears larger than square footage suggests
because of the earthen tones, vaulted ceilings, and numerous
windows. Front-facing living room has corner window cluster and
floor to ceiling fireplace and is attached to dining room. Super
clean kitchen has ample counter and cabinet space and eat-in area.
Cozy family room has a slider to backyard, which is home to
below-ground pool with diving board and plenty of room for
relaxing. Buyers and buyers' agent to verify and approve all
data, records, reports, inspections, title, MLS, and all
information pertaining to property prior to contingency removal or
close of escrow.. Neighborhoods: Lakeside Equipment: Garage
Door Opener,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer:
Septic Installed Topography: LL
Unit Size
2,169 Ft²
Days on Market
57 days
Land Size
8.00 acres
Price per sqft
$230
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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 #180018665)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 7, 2018 | Sold | ||
| Sold | |||
| Apr 11, 2018 | Listed by Keller Williams La Jolla | $499,000 | |
| Listed by Keller Williams La Jolla | |||
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Winter Gardens
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ryan Ahearn, Keller Williams La Jolla
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180018665
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180018665
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