$589,000
●
House -
Off Market
5680 Severin
La Mesa, CA 91942
3 Beds
2 Baths,
1
Half Bath
2,388 Ft²
$1,131,007
RealtyHop Estimate
88.82%
Since Feb 1, 2016
CA-San Diego
Primary Model
About This Property
Oversized backyard, oversized living room, oversized kitchen...
what more could you want! This home has been remodeled to it's best
potential. Huge kitchen has granite countertops and new
self-closing cabinets, with all stainless steel new hood, new
range/oven, new dual sink, new dishwasher. Kitchen opens to extra
large open living room with wood floors throughout. Relax in
your private backyard with large covered patios. Master retreat
includes a sitting room and private brand new bathroom.
Neighborhoods: Severin Grossmont Hills Equipment: Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
2,388 Ft²
Days on Market
57 days
Land Size
0.25 acres
Price per sqft
$251
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #150062265)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 19, 2016 | Sold | ||
| Sold | |||
| Nov 23, 2015 | Listed by Pacific Sotheby's Int'l Realty | $599,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Jul 31, 2015 | Sold | ||
| Sold | |||
| Jun 24, 2015 | Listed by Allison James Estates & Homes | $485,000 | |
| Listed by Allison James Estates & Homes | |||
| | |||
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Cosmetic fixer with charm. 26x30 great room feels like a garden room with glass door & windows all along wall facing backyard, 2 skylights, hardwood floors, gas FP and wet bar. Kitchen has eat in area plus there is plenty of room for a dining area in great room/living room. Unpermitted addition expanded the living area, master bedroom and added a "spa room". Addition was completed by contractor per attached letter. Tax rolls show 1881 sq ft. CFA unit not working. Sold in current condition Neighborhoods: Severin Grossmont Hills Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Baths
ft²
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HOA + Taxes
About La Mesa
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Currently no similar homes aroundNearby Rentals
Listed by: Jim McInerney, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150062265
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150062265
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