41
Map
$840,000
●
House -
Off Market
12433 Gay Rio Dr
Lakeside, CA 92040
3 Beds
2 Baths,
1
Half Bath
1,389 Ft²
$4,027
Est. Monthly
About This Property
Fully upgraded inside and out! 2.25% VA LOAN ASSUMPTION opportunity
for buyers, veteran or non-veteran. Nestled in an established and
peaceful Lakeside neighborhood, this beautifully upgraded home
offers comfort, functionality, and room to grow. Featuring an
inviting floor plan and abundant natural light, the property offers
spacious living areas ideal for everyday living and entertaining.
The kitchen offers ample cabinetry and counter space, seamlessly
connecting to the dining and living areas. Generously sized
bedrooms provide flexibility for guests, work-from-home needs, or
additional living space. Step outside to a private backyard with
space to relax, garden, or customize to your needs. The lot offers
usable outdoor space with potential for entertaining, recreation,
or future enhancements. Conveniently located near local shopping,
dining, parks, and commuter routes, this property presents an
excellent opportunity for homeowners and investors alike. Don't
miss your chance to own in a desirable Lakeside location!
Unit Size
1,389 Ft²
Days on Market
114 days
Land Size
0.45 acres
Price per sqft
$590
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1984
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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: 4 months ago (CRMLS #SW26031254)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 24, 2026 | Price Decreased |
$820,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| May 15, 2026 | Price Decreased |
$830,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| May 4, 2026 | Price Decreased |
$840,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
With View
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
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Listed by: Da'Ron Jones, Patriot Pacific Financial Corp.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW26031254
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW26031254
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