$545,000
●
House -
Off Market
1625 Drexel Dr
Lemon Grove, CA 91945
3 Beds
2 Baths,
1
Half Bath
1,700 Ft²
$889,368
RealtyHop Estimate
63.19%
Since Mar 1, 2018
CA-San Diego
Primary Model
About This Property
Turnkey, Single Story custom built in 2015. Beautiful home features
1700 sqft with 3 large bedrooms and 3 bathrooms. A spacious open
floor plan design. The window lined main living area features a
dining alcove and a well appointed large kitchen with island and
peninsula complete with granite counter tops. Kitchen opens to a
covered patio, adding more seating to make this a great
entertaining space. Home is in excellent condition and well
maintained. This is a must see! Neighborhoods: Mt Vernon
Architectural Style: Custom Built View: Custom Built
Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer
Connected Topography: LL,GSL
Unit Size
1,700 Ft²
Days on Market
34 days
Land Size
0.17 acres
Price per sqft
$321
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015
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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 #180004531)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2022 | No longer available | - | |
| No longer available | |||
| Nov 20, 2021 | In contract | - | |
| In contract | |||
| Nov 11, 2021 | Listed by Leal Real Estate Group, Inc | $649,000 | |
| Listed by Leal Real Estate Group, Inc | |||
| | |||
|
Private setting Single Story custom built in 2015 recently remodeled with fully paid solar system and fire sprinklers. Beautiful home features 1700 Sq Ft with 3 large bedrooms, 2.5 bathrooms, and 2 Car Garage. A spacious open floor plan design with windows all around that add the perfect lighting. The main living area features a dining alcove and a large kitchen with island and peninsula complete with granite counter tops. The unique Master bedroom setup has plenty of space to add your own retreat. Driveway has room for several cars, plus you have a large front yard that can be used for parking as well. Close to Hwy 94 and Hwy 54, close to schools and shopping. The manager has listed the unit size as 1700 square feet.
| |||
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Jan 25, 2018 | Listed by Principle Real Estate Group | $545,000 | |
| Listed by Principle Real Estate Group | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Lemon Grove
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Listed by: Pej Morgan, Principle Real Estate Group
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180004531
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180004531
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