$500,000
●
House -
Off Market
5578 Red River
San Diego, CA 92120
5 Beds
3 Baths
1,810 Ft²
$1,018,048
RealtyHop Estimate
85.44%
Since Apr 1, 2016
CA-San Diego
Primary Model
About This Property
Beautiful neighborhood bordering Allied Gardens and San Carlos.
Offering a blank canvas for all your design ideas. First time on
the market, this house was in the family for 50 years, and owned by
the original owners. Needs some TLC, but this 2 story home
boasts 5 Bedrooms, 3 full baths, & an upstairs loft with a closet!!
3 Bedrooms downstairs which includes a Master, over 1/3 Acre, vinyl
dual pane windows. Price reflects condition. Neighborhoods:
San Carlos West Architectural Style: A-Frame/Dome/Log View:
A-Frame/Dome/Log Equipment: Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: SSLP
Unit Size
1,810 Ft²
Days on Market
38 days
Land Size
0.39 acres
Price per sqft
$303
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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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: 5 months ago (SDMLS #160009386)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2016 | Sold | ||
| Sold | |||
| Aug 20, 2016 | Listed by Mission Realty Group | $679,000 | |
| Listed by Mission Realty Group | |||
 | |||
|
Beautifully renovated home that boasts an open floor plan that makes it feel warm and inviting. This home lets in an abundance of natural light for a light and bright feel. Enjoy the outstanding kitchen with quartz counter tops and stainless steel appliances. Stunning hardwood colored floors downstairs and all new carpeting in bedrooms. Bathrooms have designer sinks and vanities and light colored tile on floor and in showers to harmonize with any color scheme. Loft space is perfect for work or play area! Neighborhoods: San Carlos West Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Mar 29, 2016 | Sold | ||
| Sold | |||
| Feb 20, 2016 | Listed by Coldwell Banker Res. Brokerage | $549,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Sold On
Sold On
HOA + Taxes
About Eastern San Diego
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Listed by: Jeff Hinds, Coldwell Banker Res. Brokerage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160009386
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160009386
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