$560,625
●
House -
Off Market
5891 Vale Way
San Diego, CA 92115
5 Beds
3 Baths
1,582 Ft²
$903,875
RealtyHop Estimate
53.46%
Since Mar 1, 2020
CA-San Diego
Primary Model
About This Property
Seller will entertain offers between $535,000 & $589,000 for this
incredible opportunity! Currently rented for $3650 per month!
Outstanding rental income, performance and history. Lease through
July, 2020. The upstairs portion of the home features three
bedrooms, two baths, beautiful hardwood floors and two large
living/family rooms and a bright and open kitchen. The downstairs
also features a kitchen, two bedrooms and one full bath (second
downstairs bedroom was converted from the garage) See Supplement.
The downstairs bedrooms and living area's are accessed
through its own private entrance-perfect for an owner occupant who
wants to rent out a portion of the property. Privacy abounds with
the tri-level backyard-perfect for al fresco dining and relaxing.
Create your very own home garden by adding fruit trees and
vegetable gardens. This delightful neighborhood is close to
SDSU, major highways, shopping and dining.. Neighborhoods: El
Cerrito Heights Other Fees: 0 Sewer: Sewer Connected
Topography: LL,GSL
Unit Size
1,582 Ft²
Days on Market
44 days
Land Size
0.15 acres
Price per sqft
$372
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #200002248)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2020 | Sold | ||
| Sold | |||
| Jan 14, 2020 | Listed by Berkshire Hathaway HomeService | $589,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Mid-City
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Craig Gagliardi, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200002248
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200002248
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