$400,000
●
House -
Off Market
1551 CORTA DEL SUR
Lemon Grove, CA 91945
3 Beds
2 Baths
1,213 Ft²
$749,370
RealtyHop Estimate
68.40%
Since Aug 1, 2017
CA-San Diego
Primary Model
About This Property
Quiet, Private Mid-Century Modern Ranch style home on huge
cul-de-sac mostly level lot. Room for pool, soccer practice or
additional square footage. nearly 1/2 acre with hillside buffer.
Light and bright. Easy care front yard has artificial turf and
waterwise landscaping. Original Kitchen, updated bathrooms and
oversized covered screened patio room is perfect for entertaining.
Close to schools, public transportation including trolley.Single
level home.First time on market in over 50 yrs. Ready (see below)
...for a fresh start, additional square footage, room to
roam.... Neighborhoods: San Altos Terrace Equipment:
Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer
Connected Topography: LL,GSL,SSLP,
Unit Size
1,213 Ft²
Days on Market
42 days
Land Size
0.42 acres
Price per sqft
$367
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #170029246)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2017 | Sold | ||
| Sold | |||
| Jun 5, 2017 | Listed by Pacific Sotheby's Int'l Realty | $445,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
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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Closing Price
Sold On
Sold On
HOA + Taxes
About Lemon Grove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Celeste Dunn, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170029246
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170029246
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