$410,000
●
House -
Off Market
5565 Rab St.
La Mesa, CA 91942
3 Beds
2 Baths
1,032 Ft²
$743,452
RealtyHop Estimate
81.33%
Since Sep 1, 2016
CA-San Diego
Primary Model
About This Property
Modest 3BR--great location near Grossmont Center. Home needs
several repairs; substantially cleaned up; home inspec. strongly
advised. View of Mt. Helix, good schools, near Lake Murray.
Torch-down newer roof installed. Eat-in kitchen, new stove. Quiet
street, only a few blks to Fletcher Pkway & I-8 freeway. Lrg rear
patio & yard; RV pkg, big driveway parks 5 cars + 2-car garage.
Great for handyman or contractor. Buyer should have full loan
approval, proof of funds. See Suppl.--OFFER DEADLINE ON MON. 8/8.
Neighborhoods: Lake Murray Village Unit #3 Equipment: Garage Door
Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,032 Ft²
Days on Market
21 days
Land Size
0.14 acres
Price per sqft
$397
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #160043181)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2016 | Sold | ||
| Sold | |||
| Sep 10, 2016 | Listed by HomeSmart Realty West | $499,887 | |
| Listed by HomeSmart Realty West | |||
| | |||
|
Stunning Renovation ~Master Suite ~New Central Air ~15-Year Roof Cert ~Mt Helix Views ~Boasting dual-pane windows, hardwood laminate flooring, and designer fixtures throughout, this mid-century home has been brought into 21st century luxury while maintaining its classic, charming pedigree. New white shaker cabinets, a custom-made quartz "waterfall" dining table & stainless steel appliances are the stars of your brand new kitchen while both bathrooms sport high-end vanities & sleek tile. See supplement The open-concept kitchen and living spaces flow seamlessly to your huge backyard, complete with a brand new fire pit and unobstructed views of Mt. Helix. This is the ideal family home situated in an idyllic neighborhood. Too much to list here - go see for yourself today!. Neighborhoods: La Mesa Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Aug 24, 2016 | Sold | ||
| Sold | |||
| Aug 3, 2016 | Listed by Glenn D Mitchel, REALTORS | $410,000 | |
| Listed by Glenn D Mitchel, REALTORS | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
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Listed by: Julie Wiseman, Glenn D Mitchel, REALTORS
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160043181
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160043181
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