Listed by: Carl Lemke, Coldwell Banker West
$838,000
●
House -
Off Market
2374 Bar Bit Rd.
Spring Valley, CA 91978
4 Beds
2 Baths
1,445 Ft²
$4,115
Est. Monthly
About This Property
Welcome to Carriage Hills, one of Spring Valleys most sought after
Neighborhoods. Located on the edge of Rancho San Diego this 4 BR,
2BA with LOTS of natural light, sits on a quite street. Perfect for
entertaining. Enjoy a Backyard oasis perfect for watching sunsets.
Covered outdoor lighted patio with fan TV for movies in the pool.
Pergola shade along side of house, pool friendly LVP flooring
downstairs, lighted LR and kitchen fans, dimmer switches, extra
storage under stairs and outside master deck, kitchen/LR/master
bath skylights, cathedral ceilings, oak railing on stairs, in-wall
dog door, pet screens in LR and kitchen sliding doors, yoga or
dance fun with ceiling to floor mirrored walls, in-house downstairs
vac, 90 minute fire rated 5 ft lighted safe, jacuzzi bathtub,
upgraded bathrooms, alarm system. RV parking w/in-ground dump
station, front yard sprinklers, Owned Solar, Fireplace, perfect
Dual Paned window positions to let the daily sunset breeze blow
through the whole house. Backyard has gas line ready for tiki
bar/outdoor kitchen install. Close to Rancho SD mall with shopping,
dinning and more. This One Checks so many boxes!
Unit Size
1,445 Ft²
Days on Market
54 days
Land Size
0.14 acres
Price per sqft
$580
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974
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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: 3 years ago (CRMLS #240016467SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | Listed by Coldwell Banker West | $838,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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Sold On
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HOA + Taxes
About Spring Valley
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Listed by: Carl Lemke, Coldwell Banker West
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240016467SD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240016467SD
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