$688,000
●
House -
Off Market
4530 Troy Lane
La Mesa, CA 91942
3 Beds
2 Baths,
1
Half Bath
1,716 Ft²
$1,100,442
RealtyHop Estimate
59.95%
Since Jul 1, 2018
CA-San Diego
Primary Model
About This Property
Historically registered, 1924 craftsman style La Mesa home is
walking distance to La Mesa Village. This home exemplifies
both character and quality with newer plumbing, electrical, HVAC,
carpet, water heater, dual-pane windows, and custom floors. The
permitted home remodel was completed in 2009 with no expense
spared. See supplement. Neighborhoods: Selina Equipment:
Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,716 Ft²
Days on Market
137 days
Land Size
0.21 acres
Price per sqft
$401
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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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 #180003861)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2024 | No longer available | - | |
| No longer available | |||
| Mar 29, 2024 | In contract | - | |
| In contract | |||
| Mar 3, 2024 | Listed by Coldwell Banker West | $1,199,000 | |
| Listed by Coldwell Banker West | |||
| | |||
|
This 1924 Craftsman home is Historically registered! 3 bedroom, 2.5 baths with over 1700 est. square feet located on an oversized lot! Property comes with Permit ready plans for a 3 bedroom / 2 bath ADU, already approved by the La Mesa Historic Preservation Commission. The plans will convey with the property (new owner must submit to the city)! Walking distance to La Mesa Village with loads of privacy and opportunity! Completely upgraded and remodeled in 2009. Detached office, inground saltwater plunge pool, with a Baja shelf and 3-cascading water spills. This is a single-level home is located on a corner lot. Two of the three bedrooms have their own baths attached. Formal living and dining rooms, plus an eat in kitchen, with stainless appliances and granite counter tops. Separate media room with wet bar and access to the pool and yard. Multiple decks and patios, plus a huge grassy yard. Third bedroom has a separate entrance, potential for a granny flat. Attached garage. The manager has listed the unit size as 1716 square feet.
| |||
| Jun 8, 2018 | Sold | ||
| Sold | |||
| Jan 22, 2018 | Listed by eXp Realty of California Inc | $687,999 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Mesa
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Listed by: Bobby Martins, eXp Realty of California Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180003861
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180003861
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