$599,000
●
House -
Off Market
7248 Berkeley Drive
La Mesa, CA 91942
3 Beds
2 Baths
1,575 Ft²
$997,861
RealtyHop Estimate
67.71%
Since Sep 1, 2017
CA-San Diego
Primary Model
About This Property
The American Dream! Come home to this classic white picket fence
home with beautiful hosting areas and BBQ in the back for those
great Summer afternoons. From the minute you step through the door
your eyes are drawn to the Acacia Engineered Hardwood floors that
run magnificently through the first level. The custom kitchen
cabinets and granite counter tops set the tone in the open concept
home. The master suite features ample light and a large closet that
will allow his and her plenty of storage space. Neighborhoods:
Academy Heights Equipment: Range/Oven, Shed(s), Washer Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,575 Ft²
Days on Market
41 days
Land Size
-
Price per sqft
$378
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 #170035012)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 15, 2017 | Sold | ||
| Sold | |||
| Jul 5, 2017 | Listed by Big Block Realty, Inc. | $595,000 | |
| Listed by Big Block Realty, Inc. | |||
| May 18, 2012 | Sold | ||
| Sold | |||
| Mar 15, 2012 | Listed by Signature Realty | $429,900 | |
| Listed by Signature Realty | |||
 | |||
|
This newly remodeled home features an open floor plan, hardwood floors, and all brand new stainless steel appliances. You'll love the backyard which features a privacy fence and a built in bbq/fire pit; the perfect backyard for all of your summertime entertaining! A must see!! Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
Property Highlights
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
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Closing Price
Sold On
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HOA + Taxes
About La Mesa
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Listed by: Andrew Greer, Big Block Realty, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170035012
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170035012
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