$435,000
●
House -
Off Market
5585 Rab Street
La Mesa, CA 91942
4 Beds
2 Baths,
1
Half Bath
1,428 Ft²
$985,631
RealtyHop Estimate
124.01%
Since Jun 1, 2013
CA-San Diego
Primary Model
About This Property
Super quiet prime location with pool and view of Mt. Helix. NEW:
stucco, granite counters, appliances, marble baths, laminate
floors, paint, ROOF! Energy efficient windows recently installed.
Tiled entry, dining, kitchen and baths. 2 car garage with built-ins
galore, shop sink, epoxy floor. Gated RV parking. Master suite
features bonus room (nursery, office, gym...) 2 minutes from I-8 &
125, major shopping (Costco, Grossmont Ctr.), Lake Murray, Schools,
Cowles Mountain. Neighborhoods: Lake Murray Equipment: Garage Door
Opener,Pool/Spa/Equipment, Range/Oven, Shed(s) Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,428 Ft²
Days on Market
104 days
Land Size
0.15 acres
Price per sqft
$308
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 #130004266)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 1, 2021 | In contract | - | |
| In contract | |||
| Apr 1, 2021 | Price Increased |
$760,000
↑ $31K
(4.3%) | |
| Price Increased | |||
| Mar 24, 2021 | Listed | $729,000 | |
| Listed | |||
| | |||
|
Amazing opportunity to own in this quiet and desirable neighborhood in La Mesa. This large corner lot home features a upgraded kitchen with granite countertops and cabinets. Recess lighting, laminate wood flooring and ductless AC systems throughout the home. 2nd story master suite features a walk in closet and a extra room for an office or nursery. Swimming pool w/ample grass area in backyard. Bonus room next to kitchen. Solar is included. RV parking. Family friendly neighborhood. Minutes to shops, restaurants and freeways. This home has it all! The manager has listed the unit size as 1428 square feet.
| |||
| May 8, 2013 | Sold | ||
| Sold | |||
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Property Highlights
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: Christoforos Savvides, SDpremier
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130004266
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130004266
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