$602,000
●
House -
Off Market
1963 BERRY ST
Lemon Grove, CA 91945
3 Beds
2 Baths
1,148 Ft²
$995,075
RealtyHop Estimate
63.19%
Since Nov 1, 2018
CA-San Diego
Primary Model
About This Property
Capture a 3 Bdrm & 2 Ba + 2 Lots..Great for builder, Home
developer, or flipper. Driveway access along the right side to the
rear lots. Seller has remodeled much of the home & added a
BathRoom. Large lot needs landscaping, has room for Extra parking
for cars, truck, boat or go see for your needs. Seller is offering
the package solely for all 3 parcels - Par.#26 (House)
576-150-26-00, Par.#27(Lot) Approx. 7740 SF, Par.#28(Lot)
Approx. 6450 SF.. There is some View to the East. Neighborhoods:
Lemon Grove Equipment: Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: GSL, Guest House Est. SQFT: 0
Unit Size
1,148 Ft²
Days on Market
57 days
Land Size
0.20 acres
Price per sqft
$531
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993
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Cap Rate Calculator
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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 #180045502)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | In contract | - | |
| In contract | |||
| Jun 8, 2021 | Price Decreased |
$620,000
↓ $29K
(4.5%) | |
| Price Decreased | |||
| May 20, 2021 | Listed by Torrey Pines Properties, Inc. | $649,000 | |
| Listed by Torrey Pines Properties, Inc. | |||
| | |||
|
Recent price adjustment making this home perfect for your VA and FHA buyers! Nice single story 3 bedroom 2 bath remodeled home in a wonderful Lemon Grove neighborhood. New roof, new carpet, open kitchen with breakfast bar, custom tiled floors and countertops, newer cabinets with built-in microwave and refrigerator. All rooms have ceiling fans. Nice flowing floorplan. Detached garage, parking for up to 6 vehicles, RV parking? Spacious and private pool sized yard with new vinyl fencing. Potential for an ADU. This home neighbors two brand new homes in a quiet neighborhood. A short walk to Berry Street Park and conveniently located close to shopping and only minutes to the 94. The manager has listed the unit size as 1148 square feet.
| |||
| Oct 11, 2018 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lemon Grove
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Listed by: Tony Dulawan, Coldwell Banker Res. Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180045502
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180045502
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