$632,000
●
House -
Off Market
1775 Ensenada Street
Lemon Grove, CA 91945
2 Beds
1 Bath
738 Ft²
$3,089
Est. Monthly
About This Property
Looking for a larger yard, split level with multiple uses?
Check out this adorable 2 bedroom 1 bath home nestled in the
hills of Lemon Grove! Almost 1/4 acre of land split, partial
part of lot sits below home with an easement road access at back.
Store equipment, RV, hobbies or toys! Looking to build a 2nd
dwelling in the future, there may be that opportunity here as well
with this lot size and layout! Interior has a functional
floor plan, hidden original hardwoods underneath carpet, many
windows with lots of natural light! Enjoy the outdoors
without neighbors directly at your back, views from back, covered
patio space with outdoor bar & more! Close proximity to
freeways, stores and various conveniences! Come and take a
look today!
Unit Size
738 Ft²
Days on Market
112 days
Land Size
0.19 acres
Price per sqft
$852
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 12 months ago (SDMLS #PTP2404383)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 14, 2024 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
| Aug 11, 2024 | Price Increased |
$649,000
↑ $20K
(3.2%) | |
| Price Increased | |||
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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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lemon Grove
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Listed by: Nicole Turner, Sellstate Next Gen Realty
Last Updated: 12 months ago
Data Source: CRMLS, MLS# PTP2404383
Last Updated: 12 months ago
Data Source: CRMLS, MLS# PTP2404383
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