Listed by: Diana Quick-Williams, Coldwell Banker Realty
$750,000
●
House -
Off Market
1571 Skyline Drive
Lemon Grove, CA 91945
3 Beds
2 Baths
1,392 Ft²
$3,634
Est. Monthly
About This Property
Charming upgraded home on .23 acre view lot! Range priced from
724,977-$739,977, this light and bright 1392 sq ft, 3-bedroom
2-bath, 1945 gem sits above street level and was recently remodeled
throughout. The thoughtful updates include a stunning kitchen with
gorgeous cupboards, countertops, and backsplash, stylish bathrooms
with beautiful vanities and showers/baths, 15 solar panels with
transferable lease and a newer electrical panel, a tankless water
heater, fresh flooring, recessed lights, and ceiling fans. Enjoy
spectacular sunrises and sunsets, panoramic views, and neighborhood
lights from the expansive back deck and spacious front porch. The
oversized fenced yard with fruit trees might accommodate one or
more ADUs. There is also a detached garage with extra work space
and storage plus a generous stamped concrete driveway for
additional off-street or RV parking. Large balance VA loan may be
assumable. All this plus the home is conveniently located to
transportation and all the fantastic shopping and restaurants that
Lemon Grove and San Diego offer. Make an appointment today to view
this must-see home!
Unit Size
1,392 Ft²
Days on Market
153 days
Land Size
0.23 acres
Price per sqft
$532
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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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: 2 years ago (CRMLS #PTP2405814)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Dec 29, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2024 | Price Decreased |
$739,977
↓ $60K
(7.5%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $799,999 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
With View
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
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Closing Price
Sold On
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HOA + Taxes
About Lemon Grove
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Listed by: Diana Quick-Williams, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2405814
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2405814
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