$685,000
●
House -
Off Market
5956 Adobe Falls Rd
San Diego, CA 92120
3 Beds
2 Baths
1,505 Ft²
$1,081,668
RealtyHop Estimate
57.91%
Since Jun 1, 2019
CA-San Diego
Primary Model
About This Property
PRIVATE HILLSIDE RETREAT on a quiet, cul-de-sac street in Del
Cerro. Live large in this Open Concept floor plan accented by
Acacia Wood Floors, Open Beam ceilings and Oversized dual pane
Windows to showcase the Southerly View across Alvarado Canyon. This
Mid-Century architectural design exhibits a modernized Kitchen with
Chef's Stove, detailed backsplash and vibrant granite counters. Low
Maintenance yard with refreshing Stock Tank Pool. Major Systems
Upgrades = Solar System, HVAC & Tankless Hot H2O. SOLAR PAID
OFF by Seller at COE. Hill behind house enforced by Rebar and
Gunite. Additional storage at back of garage under house. Security
System available with monthly subscription.. Neighborhoods:
Del Cerro Equipment: Pool/Spa/Equipment, Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: SSLP
Unit Size
1,505 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$455
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1964
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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 #190022766)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 31, 2019 | Sold | ||
| Sold | |||
| Apr 26, 2019 | Listed by Big Block Realty, Inc. | $685,000 | |
| Listed by Big Block Realty, Inc. | |||
Property Highlights
Air Conditioning
Fireplace
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Eastern San Diego
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Listed by: Mike Hinmon, Big Block Realty, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190022766
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190022766
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