$390,000
●
House -
Off Market
5135 Randlett Drive
La Mesa, CA 91942
3 Beds
1 Bath
960 Ft²
$849,686
RealtyHop Estimate
112.95%
Since Nov 1, 2013
CA-San Diego
Primary Model
About This Property
Charming 3 bed/1bath cottage on Porter Hill in La Mesa...fantastic
neighborhood, near all: 1-8,SR94, 125, Grossmont College,SDSU and
more. Impeccably maintained home on a huge lot with a finished
detached garage and large barnlike shed for storage/workshop. Nice
deck off the back of the house with heater and ceiling fan.
Stackable laundry and tankless water heater. Dual paned/low E
windows & upgraded bath. Walk to the Village for
Oktoberfest,Vintage Car Show or for just a fun evening!
Neighborhoods: Porter Hill Equipment: Dryer, Range/Oven,
Shed(s), Washer Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
960 Ft²
Days on Market
43 days
Land Size
0.16 acres
Price per sqft
$416
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 #130047522)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 9, 2020 | In contract | - | |
| In contract | |||
| Dec 3, 2020 | Listed | $625,000 | |
| Listed | |||
| | |||
|
Charming 1942 Bungalow situated on a quiet cul de sac in the charming Porter Hill neighborhood of La Mesa a stones throw from the shopping, restaurants and bars of downtown La Mesa. This beautiful home features a spacious recently landscaped yard with fire pit perfect for entertaining or an ideal setting for an outdoor home gym. Yard has synthetic turf and rotating sprinkler heads. Interior boasts the original hardwood floors, recently upgraded stainless steel appliances, and central AC. The manager has listed the unit size as 960 square feet.
| |||
| Oct 18, 2013 | Sold | ||
| Sold | |||
| Sep 5, 2013 | Listed by Gem Real Estate | $399,000 | |
| Listed by Gem Real Estate | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About La Mesa
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Listed by: Andrea Flint-Gogek, Gem Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130047522
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130047522
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