$385,000
●
House -
Off Market
1643 Folkestone St.
Spring Valley, CA 91977
3 Beds
1 Bath
1,056 Ft²
$700,023
RealtyHop Estimate
81.82%
Since Jul 1, 2016
CA-San Diego
Primary Model
About This Property
Cute & charming 3 bedroom home with white, picket-styled fencing,
located minutes from freeways, schools, dining & shopping. Features
an open floor plan with spacious living room & dining area, tile &
laminate flooring, complete with an enjoyable view to the
surrounding mountains. Large backyard with covered patio & room to
add your personal touches. Two-car, attached garage, with
extra-wide driveway. Don't miss showing this one...your buyers will
love it when they drive up! Neighborhoods: Spring Valley Equipment:
Garage Door Opener, Range/Oven, Shed(s) Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,056 Ft²
Days on Market
35 days
Land Size
0.17 acres
Price per sqft
$365
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #160028409)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2016 | Sold | ||
| Sold | |||
| May 25, 2016 | Listed by Keller Williams Realty | $385,000 | |
| Listed by Keller Williams Realty | |||
| Apr 5, 2013 | Sold | ||
| Sold | |||
| Sep 28, 2012 | Listed by Bill Luther Realty, Inc | $185,000 | |
| Listed by Bill Luther Realty, Inc | |||
| | |||
|
3br 1ba starter home, needs TLC. Great location close to all. Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected
| |||
Property Highlights
Garage
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 La Presa
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Listed by: Colette Lipsey, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160028409
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160028409
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