$285,000
●
House -
Off Market
1549 Walbollen Street
Spring Valley, CA 91977
3 Beds
1 Bath
1,022 Ft²
$598,967
RealtyHop Estimate
103.04%
Since Jul 1, 2014
CA-San Diego
Primary Model
About This Property
Great opportunity! VA, FHA welcome. Buy for less and customize it
yourself. New Carpet and Paint throughout. Great for a buyer not
looking to pay for a flip and willing to do minor work. Kitchen and
bath need your personal touches. Very large usable lot with custom
shed. Great open floor plan with lots of natural light.
Neighborhoods: Spring Valley Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,022 Ft²
Days on Market
75 days
Land Size
0.17 acres
Price per sqft
$289
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #140019202)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 21, 2019 | Sold | ||
| Sold | |||
| Jan 13, 2019 | Listed by Big Block Realty, Inc. | $429,000 | |
| Listed by Big Block Realty, Inc. | |||
| | |||
|
Reduced to $419-429K! Remodeled kitchen and bath, newer windows, built in pantry and desk, rich looking laminate flooring, lighted ceiling fans in every bedroom and dining room, huge back yard w/lighted covered patio, firepit, extra brick pad, large shed w/loft, chicken coop, fruit trees, large shade tree w/swing, attached garage, updated electric, and distinctive '60s architecture. Professionally cleaned; lots of fresh paint. Refrigerator, washer and dryer are all included. Plenty of street parking, too. Sellers will entertain offers between $419,000 and $429,000. Neighborhoods: Spring Valley Equipment: Dryer, Shed(s), Washer, Water Filtration Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Jun 25, 2014 | Sold | ||
| Sold | |||
| Apr 11, 2014 | Listed by Shorebreak Real Estate | $295,000 | |
| Listed by Shorebreak Real Estate | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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Asking Price
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Closing Price
Sold On
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HOA + Taxes
About La Presa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Nikolas Mazzola, Shorebreak Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140019202
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140019202
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