$455,000
●
House -
Off Market
1998 Dain Drive
Lemon Grove, CA 91945
4 Beds
2 Baths,
1
Half Bath
2,033 Ft²
$873,554
RealtyHop Estimate
91.99%
Since Aug 1, 2015
CA-San Diego
Primary Model
About This Property
Just reduced. Wonderful home on huge corner lot in a great
neighborhood. Large roomNot very far to military bases. Xtra lrg
living rm & family rm. Dining area between kitchen & family
rm, where a cozy fireplace helps to warm the whole house.
Kitchen has ample granite counters & a nice bar.
Upstairs are 2 huge BRs & a third regular size BR. If
4th bedroom, needed sellers will put in a wall & closet, dividing
the longest BR in two. The back yard has a spacious lawn & a
drive-thru garage for RV parking. Neighborhoods: Lemon Grove
Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
2,033 Ft²
Days on Market
166 days
Land Size
0.15 acres
Price per sqft
$224
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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 #150004289)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 6, 2018 | No longer available | - | |
| No longer available | |||
| Oct 31, 2018 | Relisted | $599,000 | |
| Relisted | |||
| Oct 29, 2018 | No longer available | - | |
| No longer available | |||
| Sep 18, 2018 | Listed | $599,000 | |
| Listed | |||
| | |||
|
SELLER WILL ENTERTAIN OFFERS FROM $579K TO $599K - IF YOU ARE LOOKING FOR A GREAT HOME W/A GREAT YARD ON A CUL-DE-SAC IN A NICE POCKET OF HOMES IN LEMON GROVE - BINGO!!! SELLER RECENTLY CARPETED & PUT IN NEW WINDOWS. DRIVE THROUGH GARAGE, FAMILY ROOM W/FIREPLACE. THE COOK OF THE HOUSE WILL BE EXCITED TO SEE THE REMODELED KITCHEN. FANTASTIC YARD W/MATURE TREES - YOU WILL HAVE YOUR OWN PARK. CLOSE TO SCHOOLS, FREEWAYS & MORE. THE VIRTUAL TOUR WAS FILMED IN HD WITH A DRONE (no photos). The manager has listed the unit size as 2033 square feet.
| |||
| Jul 7, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Lemon Grove
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Listed by: Julie Wiseman, Glenn D Mitchel, REALTORS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150004289
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150004289
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