2959 Mesa Grove Road
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | In contract | - | |
| In contract | |||
| Nov 9, 2023 | Price Decreased |
$1,250,000
↓ $25K
(2%) | |
| Price Decreased | |||
| Oct 21, 2023 | Price Decreased |
$1,275,000
↓ $24K
(1.9%) | |
| Price Decreased | |||
| Aug 31, 2023 | Listed by Sand to Sea Properties, Inc. | $1,299,000 | |
| Listed by Sand to Sea Properties, Inc. | |||
| | |||
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SIGNIFICANT PRICE IMPROVEMENT!! This STUNNING 3 bedroom, 3.5 bathroom home offers a harmonious blend of luxury, comfort, and natural beauty! Situated on an expansive 50,094 square foot lot, this haven provides the perfect escape from busy life while still providing convenient access to modern amenities. Step into just under 3000 square feet of thoughtfully designed living space that combines elegance with a warm and inviting atmosphere. The open-concept layout allows for seamless flow among the living room, dining area, gourmet kitchen, family room, and backyard with spa and outdoor kitchen, making it AN ENTERTAINER'S DREAM!!! The heart of the home, the kitchen, boasts high-end STAINLESS STEEL APPLIANCES, ample space on the SLAB GRANITE COUNTERTOPS, walk-in pantry, and an oversized island – a chef's delight. Large windows throughout the home flood every corner with natural light, offering breathtaking views of the surrounding landscape. Unwind and recharge in the luxurious primary suite, complete with a resort-like en-suite bathroom. Two additional suites provide comfort and privacy for family or guests. Consider the possibilities for your backyard – create your own garden paradise, host unforgettable gatherings, or simply relax in your spa and relish the gentle breeze. CUSTOM CROWN MOULDING, LARGE TILE FLOORING, MASSIVE WINDOWS, PLANTATION SHUTTERS, & GORGEOUS LIGHTING throughout the home. LARGE SOLAR ARRAY CONVEYS FREE-AND-CLEAR. If you ever feel like leaving the house, it's easy to explore the local charms of north San Diego county and Southwest Riverside county, from boutique shops to wineries to gourmet dining. Don't miss the opportunity to make this exceptional property your forever home! The manager has listed the unit size as 2998 square feet.
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About San Diego
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