$765,000
●
House -
Off Market
633 Merlin Dr
San Diego, CA 92114
3 Beds
3 Baths
1,250 Ft²
$3,683
Est. Monthly
About This Property
Welcome to your future home in San Diego! This newly remodled
3-bedroom, 3 FULL bathroom house sits on a large lot with
nearly a quarter-acre of space. Inside, you'll find a bright and
open floor plan with modern appliances. There's also a big outdoor
area that's perfect for living, working, and having friends over.
With 8,200 square feet lot, you have plenty of room to create
your dream backyard, add a pool, or even ADU's. The Property
is located within the San Diego Transit Priority Area. This
home is just minutes away from public transportation, downtown,
beaches, and lots of fun outdoor activities. Whether you're looking
for a cozy place to live or a great investment with potential to
grow, this home has it all. Don't miss out-homes like this in
Encanto go fast!
Unit Size
1,250 Ft²
Days on Market
57 days
Land Size
0.19 acres
Price per sqft
$600
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 2 years ago (CRMLS #240022178SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 14, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $750,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 18, 2024 | Listed by Big Block Realty, Inc. | $769,000 | |
| Listed by Big Block Realty, Inc. | |||
Property Highlights
Garage
Air Conditioning
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 Southeastern San Diego
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Listed by: Billy Colestock, Big Block Realty, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240022178SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240022178SD
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