$500,000
●
House -
Off Market
2445 Glebe Rd
Lemon Grove, CA 91945
3 Beds
2 Baths
1,580 Ft²
$803,935
RealtyHop Estimate
51.69%
Since Apr 1, 2020
CA-San Diego
Primary Model
About This Property
This is a quality home . All rooms are large with lots of
windows and light. Kitchen and diningroom are all one big open
space. Diningroom opens out to a big Geo deck. Kitchen is
very lg with ceramic counters and a serving bar into the
diningroom. Duel pane windows Storage everywhere.. The deck
has views over the houses of the hills . All the bedrooms have
storage over the closets. Central heat and air. There is a sm
basement. Back yd is sm and easy care. There is some updating
needed. Neighborhoods: Bond Terrace Equipment: Garage Door Opener
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,580 Ft²
Days on Market
61 days
Land Size
0.15 acres
Price per sqft
$335
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969
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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 #200003006)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | Listed by Pacific Sotheby's Int'l Realty | $775,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| | |||
|
Welcome to Your New Home! Nestled on a quiet sidewalk street, this charming home features a front yard adorned with trees, turf grass, and low maintenance landscaping. The formal entry leads into a spacious living room that seamlessly flows into the dining area with sliding doors that open to the back deck with peek views of Mt. Miguel and Mt. Helix. Enjoy modern comforts with recessed lighting, dual pane windows, central heat, cold AC, and new floors in the living room, hallway, and bedrooms. Two bedrooms boast dual closets for ample storage and the primary features an updated bathroom. The generous backyard has many opportunities to delight in with fruit trees and designated garden areas. Additionally, a versatile 10x15 bonus basement room provides the perfect space for an office, workshop, or extra storage. Plus, enjoy the convenience of direct access from the two-car garage to the house. Your new home is waiting for you!
| |||
| Mar 16, 2020 | Sold | ||
| Sold | |||
| Jan 15, 2020 | Listed by ProConsultants Realty | $530,000 | |
| Listed by ProConsultants Realty | |||
Property Highlights
Garage
Air Conditioning
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: Cookie Ringhand, ProConsultants Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200003006
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200003006
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