4980 Pine Street
About This Property
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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%.
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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.
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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 13, 2024 | Sold | ||
| Sold | |||
| Nov 2, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2024 | Relisted | $1,400,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 17, 2024 | Listed by eXp Realty of Southern California, Inc. | $1,500,000 | |
| Listed by eXp Realty of Southern California, Inc. | |||
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Located a stone's throw from La Mesa's premier MacArthur Park & two blocks from the popular boutiques, restaurants & watering holes of Historic La Mesa Village - one of San Diego's hottest neighborhoods - this spacious, turnkey home with complete ADU offers immediacy to Farmers Markets and festivals but also a tranquil, private oasis. Every, single room is beautiful & generous in size; all bedrooms ensuite. ADU features full kitchen, laundry, exterior access & exclusive outdoor courtyard. Multiple patios. Upgrades & Features: Paid Solar, 23 panels, 9kw, 23 years left of a 25-year warranty, American-made panels with microinverters. Two tankless water heaters. New 50-year roof. All appliances, except $20,000 Viking Range, less than two-years old. Second electrical box installed for EV. Majority of the square footage was added, with permits, in 2003. Two HVAC units. Most rooms with vaulted ceilings. $300K in recent improvements. Gorgeous kitchen designed by Elan Design House. New front door + pretty metal security door for fresh air and safety. Backyard Remodel: new turf, retaining walls, extensive draining system, massive adult-capable play structure, hot tub and plants. Excellent walking neighborhood - no hills between the home and the Village!
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About La Mesa
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017