$295,000
●
House -
Off Market
2985 Cypress Avenue
Lemon Grove, CA 91945
3 Beds
2 Baths
1,385 Ft²
$644,704
RealtyHop Estimate
104.67%
Since May 1, 2014
CA-San Diego
Primary Model
About This Property
FIXER UPPER HOME...WITH POOL..! Neighborhoods: LEMON GROVE Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,385 Ft²
Days on Market
67 days
Land Size
0.15 acres
Price per sqft
$227
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #140009467)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 21, 2021 | No longer available | - | |
| No longer available | |||
| Sep 21, 2021 | In contract | - | |
| In contract | |||
| Aug 26, 2021 | Listed by Keller Williams Realty LaJolla | $685,000 | |
| Listed by Keller Williams Realty LaJolla | |||
| | |||
|
This home was remodeled in 2014 and features a nice below-ground pool for those hot summer days and nights! The above-average lot (6500 sqft) has space to park an RV or desert toys! Recently expanded and installed driveway pavers for additional off-street parking. Features a large living room and a combo dining/family room with a cozy fireplace. Close to various grocery stores, restaurants and Home Depot! Don't miss the opportunity to come see this home! The manager has listed the unit size as 1385 square feet.
| |||
| Apr 28, 2014 | Sold | ||
| Sold | |||
| Feb 20, 2014 | Listed by Mission Valley Realty & Loan | $315,000 | |
| Listed by Mission Valley Realty & Loan | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lemon Grove
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Listed by: Steve Shannon, Mission Valley Realty & Loan
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140009467
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140009467
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