$290,000
●
House -
Off Market
2485 Arcadia Ave
Lemon Grove, CA 91945
2 Beds
1 Bath
870 Ft²
$610,959
RealtyHop Estimate
103.66%
Since Oct 1, 2014
CA-San Diego
Primary Model
About This Property
Beautiful custom single story home w/ great view and large yard!
Enjoy the covered front porch with a view of the sunset and
neighboring Hillside. Large driveway with room to add RV parking
open floor plan. Remodeled from top to bottom! New flooring, new
paint, new window. Granite countertops in kitchen & bath. Move in
ready home in a great neighborhood. All this for under 300 k.
Neighborhoods: Lemon Grove Equipment: Satellite Dish Other
Fees: 0 Sewer: Sewer Connected Topography: GSL
Unit Size
870 Ft²
Days on Market
40 days
Land Size
0.21 acres
Price per sqft
$345
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 #140045944)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 19, 2014 | Sold | ||
| Sold | |||
| Aug 10, 2014 | Listed by Re/Max Professionals | $299,990 | |
| Listed by Re/Max Professionals | |||
| Sep 17, 2013 | Sold | ||
| Sold | |||
| Oct 11, 2012 | Listed by Allison James Estates & Homes | $157,500 | |
| Listed by Allison James Estates & Homes | |||
| | |||
|
"HUD Seller Exempt" BUYER TO VERIFY ALL. PROPERTY SOLD AS IS. BUYERS TO VERIFY AND APPROVE ALL DATA, REPORTS, RECORDS, INSPECTIONS, PERMITS, MLS, HOA IF APPLICABLE AND ALL INFORMATION PERTAINING TO THE PROPERTY PRIOR TO REMOVAL OF CONTINGENCIES. SELLERS ARE DISCLOSURE EXEMPT. Other Fees: 0 Sewer: Sewer Connected
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Lemon Grove
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Listed by: Naresh Sakhrani, Re/Max Professionals
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140045944
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140045944
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