$450,000
●
House -
Off Market
2305 Peppermint Lane
Lemon Grove, CA 91945
3 Beds
2 Baths,
1
Half Bath
1,424 Ft²
$645,584
RealtyHop Estimate
50.17%
Since Jun 1, 2020
CA-San Diego
Primary Model
About This Property
Great opportunity to own in Lemon Grove!! This property features 3
bedrooms, 2.5 bathrooms, huge living room with fireplace, and large
yard that would be good for entertaining. Garage has been converted
to living area, could be easily converted back if desired. Located
in close proximity to freeway access, schools, and shopping. Priced
to sell, will not last long.. Neighborhoods: Lemon Grove
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,424 Ft²
Days on Market
33 days
Land Size
0.15 acres
Price per sqft
$302
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #200016587)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 12, 2022 | No longer available | - | |
| No longer available | |||
| Feb 2, 2022 | In contract | - | |
| In contract | |||
| Jan 20, 2022 | Listed by Redfin Corporation | $674,900 | |
| Listed by Redfin Corporation | |||
| | |||
|
Renovated retreat located in Lemon Grove! Enter this recently updated home to find an open floor plan with abundance of natural lighting throughout. Upgrades within the home include: new luxury vinyl flooring throughout, updated kitchen with quartz counters, new crisp white cabinetry and stainless steel appliances, a cozy fireplace in the living room, vaulted ceilings, and so much more! The home also boasts a nice sized backyard and an attached two car garage. The property is situated near great shopping, restaurants, and has easy access to the 94 freeway. Don't miss out on this opportunity, and book a tour today! The manager has listed the unit size as 1424 square feet.
| |||
| May 12, 2020 | Sold | ||
| Sold | |||
| Apr 9, 2020 | Listed by Keller Williams Realty | $429,900 | |
| Listed by Keller Williams Realty | |||
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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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lemon Grove
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Listed by: Chris Heller, Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200016587
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200016587
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