4190 Merritt Blvd.
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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Mar 29, 2025 | Listed by American Dream Homes | $1,430,000 | |
| Listed by American Dream Homes | |||
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Entertainer’s Dream with Stunning Views & Private ADU This breathtaking 3,146 sq. ft. 3-bedroom, 3.5-bath home is perched on a hill, offering unparalleled views on a spacious 0.33-acre lot. The main house features an expansive 743 sq. ft. upstairs master suite with a separate sitting area, nursery, or office, providing ultimate versatility and comfort. Outdoor Oasis & Entertaining Spaces Step into your private backyard retreat, complete with a large pool and spa, resurfaced in 2017. The home also boasts a tranquil courtyard entry, multiple balconies, and its own bar and wine room—perfect for hosting and relaxation. Private ADU for Additional Income or Multi-Generational Living Originally part of the main home, the previous owners converted a portion into a fully private ADU with a separate entrance. Per a recent appraisal, the ADU is 793 sq. ft. and includes: A full kitchen and living area A separate bedroom and bathroom A rental history of $2,500/month Additional Features Three fireplaces throughout the home Owned solar system and two Tesla charging batteries Storage allows back up power if SDGE goes out and the span subpanel allows for remote coverage. Pool controller is new and can be accessed and controlled remotely Brand-new air conditioning system (installed in 2023) Newly added dog run All of this is just a 5-minute drive to downtown La Mesa, where you’ll enjoy charming shops, restaurants, and bars. This one-of-a-kind property truly has it all!
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| May 19, 2017 | Sold | ||
| Sold | |||
| Feb 10, 2017 | Listed by Big Block Realty, Inc. | $949,000 | |
| Listed by Big Block Realty, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017