$715,000
●
House -
Off Market
2920 Washington Street
Lemon Grove, CA 91945
3 Beds
3 Baths
2,090 Ft²
$755,749
RealtyHop Estimate
5.85%
Since Oct 1, 2022
CA-San Diego
Primary Model
About This Property
Holy moly they don't make them like this anymore, check out this
amazing ranch style 1 story opportunity to own in Lemon Grove!
Huge floorplan, lots of living space, large master suite,
this home sits on a fully gated .3 acres that has a pool-sized yard
with the potential to be an entertainer's oasis. The large driveway
leading up to the detached garage makes perfect for RV, boat TOY
parking. Extra space built in to garage and other outdoor
buildings, you make them what you want! Enjoy eating from the
multiple fruit trees on the property. This home is located
conveniently near transit and shopping and is one you do want to
miss seeing!!! Close to military bases.....FHA & VA
welcome!!!
Unit Size
2,090 Ft²
Days on Market
69 days
Land Size
0.30 acres
Price per sqft
$342
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 2 years ago (SDMLS #PTP2204647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2022 | Sold | ||
| Sold | |||
| Jul 1, 2022 | Listed by Sellstate Next Gen Realty | $714,000 | |
| Listed by Sellstate Next Gen Realty | |||
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Lemon Grove
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Currently no similar homes aroundNearby Rentals
Listed by: Breanna Diaz, Sellstate Next Gen Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2204647
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2204647
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