$475,000
●
House -
Off Market
6340 Southern Rd
La Mesa, CA 91942
3 Beds
1 Bath
966 Ft²
$759,594
RealtyHop Estimate
59.95%
Since Jul 1, 2018
CA-San Diego
Primary Model
About This Property
This cute single story home is located in the Fletcher Hills
community of La Mesa. The location offers easy access to shopping
and dining at Grossmont Center and Parkway Plaza malls as well as
the 125, 52 and 8 freeways. The home is surrounded by highly rated
schools, parks and is just blocks from the YMCA. The home features
dual pane windows, a two-car garage and huge yard with
drought-tolerant landscaping. Don't miss this opportunity!
Neighborhoods: Fletcher Hills Equipment: Range/Oven, Washer
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
966 Ft²
Days on Market
58 days
Land Size
0.18 acres
Price per sqft
$492
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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Cap Rate Calculator
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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 #180021719)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 22, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $474,900 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 966 square feet.
| |||
| Apr 25, 2018 | Listed by eXp Realty of California Inc | $474,900 | |
| Listed by eXp Realty of California Inc | |||
Property Highlights
Air Conditioning
Garage
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
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HOA + Taxes
About La Mesa
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Listed by: Kyle Whissel, eXp Realty of California Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180021719
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180021719
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