1
Map
$1,015,000
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House -
Off Market
4334 Alder Dr
San Diego, CA 92116
3 Beds
2 Baths
1,490 Ft²
$1,622,451
RealtyHop Estimate
57.53%
Since Oct 1, 2019
CA-San Diego
Primary Model
About This Property
Chic Spanish Revival on a quiet street in north Kensington! This
entertainer's dream home blends original character with modern
finishes that could be featured in Architectural Digest. The bold
chef's kitchen opens into the living and dining room making it a
perfect space to entertain friends and family. The home flows from
inside to outside seamlessly with beautiful French Doors off of the
dining room and master bedroom to a private seating area outside.
What I love about this home: Dark stained original hardwood
floors throughout, Santa Barbara style stucco finish, drought
tolerant landscaping in the front yard, 2 car garage, new
dual pane windows throughout, completely remodeled bathrooms,
stunning kitchen with built in wine fridge, stainless steel
appliances, master bedroom en-suite, walk-in closet, private
backyard and much more!. Neighborhoods: Kensington Equipment:
Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,490 Ft²
Days on Market
32 days
Land Size
0.13 acres
Price per sqft
$691
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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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 #190044304)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2019 | Sold | ||
| Sold | |||
| Aug 9, 2019 | Listed by Mercer Properties | $1,029,900 | |
| Listed by Mercer Properties | |||
| Mar 14, 2019 | Sold | ||
| Sold | |||
| Feb 28, 2019 | Listed by Century 21 Award | $749,000 | |
| Listed by Century 21 Award | |||
 | |||
|
$699k - $749k: AMAZING KENSINGTON FIXER OPPORTUNITY to restore this nearly original-condition 1942 craftsman bungalow into your dream home!! HUGE POTENTIAL awaits in this charming home with wood floors, a fireplace, separate dining room & breakfast nook with built-ins. 2 Bedrooms with an optional LARGE 3rd bedroom or office. This single story home needs BOTH repairs and cosmetic improvements but is the LOWEST PRICED 3 Bedroom in this beautiful highly sought-after neighborhood! OPEN HOUSE 3/2 & 3/3 1-3pm Neighborhoods: Kensington Architectural Style: Craftsman/Bungalow View: Craftsman/Bungalow Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Mid-City
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Listed by: Patrick Mercer, Mercer Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190044304
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190044304
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