$475,000
●
House -
Off Market
2070 Berry
Lemon Grove, CA 91945
2 Beds
2 Baths
1,054 Ft²
$719,607
RealtyHop Estimate
59.95%
Since Jul 1, 2018
CA-San Diego
Primary Model
About This Property
Amazing renovation on the edge of a canyon! Enjoy the expansive
views in the back on your private deck and patio. The home sits at
the top of a large lot located at the end of a quiet cul-de-sac.
Includes an additional detached office or bonus room. Fully
remodeled with attention to detail throughout and high quality
finishes. Easy access to freeways, downtown, and beaches located on
one of the most desirable streets of Lemon grove. Neighborhoods:
Broadway Heights Equipment: Garage Door Opener, Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: ,,RSLP
Unit Size
1,054 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$427
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981
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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: 5 months ago (SDMLS #180025825)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 19, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed by Big Block Realty, Inc. | $449,900 | |
| Listed by Big Block Realty, Inc. | |||
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Feb 9, 2018 | Listed by New Reality Real Estate, Inc. | $299,999 | |
| Listed by New Reality Real Estate, Inc. | |||
| | |||
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Calling all investors and handymen! Bring your best and most creative ideas. This is the house for you. This home is located on a large lot with expansive canyon views off the back of the property. Located on a quite cul de sac off one of Lemon Grove's most iconic streets, the potential for this home is apparent as soon as you step in the door. Neighborhoods: Broadway Heights Other Fees: 0 Sewer: Sewer Connected
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Property Highlights
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
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Sold On
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HOA + Taxes
About Lemon Grove
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Listed by: Kevin O'Keefe, Big Block Realty, Inc.
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180025825
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180025825
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