$560,000
●
House -
Off Market
2242 Lawton Drive
Lemon Grove, CA 91945
3 Beds
1 Bath,
1
Half Bath
1,581 Ft²
$1,004,896
RealtyHop Estimate
67.76%
Since Oct 1, 2017
CA-San Diego
Primary Model
About This Property
Historically relevant Lemon Grove property! Beautifully maintained
"folk" Victorian on over one half acre in an idyllic setting!
Assessor's office says it was built in 1911 but other references
allude to an earlier date. Once you enter the gate to the private
road section of Lawton you will feel like you have gone back in
time! This lovely home sits back on the lot with a long driveway to
the detached two car garage. Once inside you are greeted by a
hardwood LR that spans the front of the house. Supp. Neighborhoods:
Lemon Grove Other Fees: 0 Topography: LL,GSL
Unit Size
1,581 Ft²
Days on Market
91 days
Land Size
0.53 acres
Price per sqft
$379
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2011
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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 #170030985)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $599,000 | |
| Listed | |||
| | |||
|
Historically relevant Lemon Grove property! Beautifully maintained "folk" Victorian on over one half acre in an idyllic setting! Assessor's office says it was built in 1911 but other references allude to an earlier date. Once you enter the gate to the private road section of Lawton you will feel like you have gone back in time! This lovely home sits back on the lot with a long driveway to the detached two car garage. Once inside you are greeted by a hardwood LR that spans the front of the house.The manager has listed the unit size as 1581 square feet.
| |||
| Jun 13, 2017 | Listed by Tristani Real Estate Group | $599,000 | |
| Listed by Tristani Real Estate Group | |||
Property Highlights
Air Conditioning
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: Mike Tristani, Tristani Real Estate Group
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 170030985
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 170030985
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