$345,000
●
House -
Off Market
7125 Boulevard Drive
La Mesa, CA 91941
3 Beds
1 Bath
990 Ft²
$650,420
RealtyHop Estimate
80.67%
Since Nov 1, 2016
CA-San Diego
Primary Model
About This Property
A detached home for under $400,000?! Come see this
well-maintained 2 bed 1 bath home in La Mesa. It's a great
starter home or investment property waiting for your personal
touches. Turn the backyard into your oasis and even build a
garage up top. Endless potential. Centrally located
near I-8 and 94 freeways, shops and Helix High School.
Neighborhoods: Vista La Mesa Equipment: Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: SSLP
Unit Size
990 Ft²
Days on Market
96 days
Land Size
-
Price per sqft
$364
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 #160040764)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2016 | Sold | ||
| Sold | |||
| Jul 14, 2016 | Listed by Pacific Sotheby's Int'l Realty | $360,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Sep 5, 2012 | Sold | ||
| Sold | |||
| Jul 10, 2012 | Listed by Joseph Gummerson Broker | $249,000 | |
| Listed by Joseph Gummerson Broker | |||
| | |||
|
Lovely traditional sale; Close to shopping, freeways; home has been updated including new flooring, roof, and kept in impeccable condition; BTVABCOE; Extra room permitted with City; Laminate flooring in l/room, f/room; beautiful backyard, well cared for;
| |||
Property Highlights
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
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HOA + Taxes
About La Mesa
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Listed by: Del Raymond, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160040764
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160040764
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