$712,000
●
House -
Off Market
6574 Macarthur Dr
Lemon Grove, CA 91945
4 Beds
2 Baths
1,833 Ft²
$1,112,578
RealtyHop Estimate
53.46%
Since Mar 1, 2020
CA-San Diego
Primary Model
About This Property
Luxurious living at its finest. Beautifully remodeled custom built
ranch style home that boasts a brand new open gourmet kitchen with
brand new custom made cabinets/pantries, marble countertops, and
top of the line stainless steel appliances. Brand new laminated
flooring throughout. Backyard features beautiful sunset/city light
view, pool and spa for outdoor entertainment. An additional 1000sf
detached garage with a 1/2 bath, skylights, 2 roll up doors
and fire sprinkler system for RV, toys, equipment.
Custom built home by previous contractor owner. Commercial
grade drainage. Per seller, there are 2 RV dumps on site (location
unknown). Roof was recently replaced. Brand new stamped concrete
driveway, custom window shutters. Extra long driveway offers
additional privacy. 28,300sf lot offers endless possibilities. 4th
bedroom in the front is converted to an office. Extra covered
parking on the side of attached garage.. Neighborhoods: lemon
grove Equipment: Dryer,Fire Sprinklers,Pool/Spa/Equipment,
Range/Oven, Washer Other Fees: 0 Sewer: Septic Installed
Topography: ,GSL
Unit Size
1,833 Ft²
Days on Market
24 days
Land Size
0.64 acres
Price per sqft
$396
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977
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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 #200002909)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2020 | Sold | ||
| Sold | |||
| Jan 17, 2020 | Listed by DT America Realty | $724,999 | |
| Listed by DT America Realty | |||
| Apr 12, 2019 | No longer available | - | |
| No longer available | |||
| Mar 3, 2019 | Listed | $620,000 | |
| Listed | |||
| | |||
|
Tucked-away, single level ranch style home on a private road w/ stunning VIEWS! Custom built by a licensed contractor who constructed everything on this property w/ excellence. Original Owners & well taken care of. Situated on almost an acre w/ pool & spa, spacious yards plus gorgeous views of downtown, Coronado & fireworks. Farm charm & very peaceful! On top of all this there is a HUGE detached garage of 1,000 sqft. (25x40) that includes 2 roll up doors, skylights, a half-bath, fire sprinklers & shelving The manager has listed the unit size as 1833 square feet.
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Property Highlights
Garage
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: Denny Tran, DT America Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200002909
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200002909
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