$410,000
●
House -
Off Market
6570 Macarthur Drive
Lemon Grove, CA 91945
4 Beds
3 Baths
2,045 Ft²
$913,949
RealtyHop Estimate
113.04%
Since Oct 1, 2013
CA-San Diego
Primary Model
About This Property
Wow!! This property has so much to offer-where to begin??? A
beautiful single story home with 3 bedrooms & 2 baths plus a huge
bonus area downstairs! This home boasts a large living room with a
fireplace, parlor, breakfast nook, master suite, dining area &
family room. The kitchen has been upgraded with cherry cabinets,
solid surface counters & stainless appliances. The beautiful hall
bath is enhanced with free-style tile accents & glass block
shower-no need for a shower door! MUST read supplement.
Neighborhoods: Lemon Grove Equipment: Garage Door Opener,
Range/Oven, Shed(s) Other Fees: 0 Sewer: Sewer Connected
Topography: GSL
Unit Size
2,045 Ft²
Days on Market
90 days
Land Size
0.17 acres
Price per sqft
$210
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 #130032145)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 20, 2021 | In contract | - | |
| In contract | |||
| Aug 7, 2021 | Relisted | $749,900 | |
| Relisted | |||
| Jul 21, 2021 | In contract | - | |
| In contract | |||
| Jul 7, 2021 | Listed by Redfin Corporation | $749,900 | |
| Listed by Redfin Corporation | |||
| | |||
|
You have to see this beauty to appreciate all that it has to offer! This is a two story home in which the lower level offers one bedroom, one bath, kitchen and additional den that can easily become a 2nd bedroom providing opportunity for additional income or perfect for multi-generational living situations. The entry level features a formal living room, dining room, family room, two bedrooms and two bathrooms. French doors lead into a large bonus room with a retreat that can easily be converted into a third bedroom, office, media room or playroom -let your imagination go wild! The manager has listed the unit size as 2045 square feet.
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lemon Grove
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Listed by: Frank McLin, Heartland Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130032145
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130032145
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