7337 W POINT AVE.
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 18, 2025 | Price Decreased |
$950,000
↓ $40K
(4%) | |
| Price Decreased | |||
| Sep 16, 2025 | Price Decreased |
$989,700
↓ $80K
(7.5%) | |
| Price Decreased | |||
| Aug 15, 2025 | Listed | $1,070,000 | |
| Listed | |||
| | |||
|
CHARMING LA MESA GEM WITH GOURMET KITCHEN, SWEEPING VIEWS AND SOLAR!! This beautifully appointed 4BR/2BA home offering 1,887 sq.ft. of stylish living in the sought-after University Park neighborhood of La Mesa. Step inside to discover a stunning gourmet kitchen featuring stainless steel appliances, rich slab granite countertops, a designer backsplash, and an abundance of natural light perfect for everything from weeknight dinners to weekend entertaining. The spacious primary bedroom boasts serene southwest-facing views, creating a relaxing retreat at the end of the day. The versatile layout includes two bedrooms, a home office or 4th bedroom, and a full bathroom on the main level, while the lower-level dining and family rooms opens seamlessly to the side and rear yards-ideal for indoor-outdoor living. A handy 120 sq. ft. storage shed offers extra space for hobbies, tools, or seasonal decor. Leased solar panels help keep electricity bills low, adding long-term value and efficiency. Surrounded by friendly neighbors, local parks, and La Mesa Village charm, you'll be moments from coffee shops, boutiques, and signature events like the Farmer's Market and Classic Car Show. This home is also close to top-rated schools including Helix Charter High and La Mesa Arts Academy. This is more than a home- it's your gateway to the best of La Mesa living.
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| Apr 5, 2018 | Sold | ||
| Sold | |||
| Mar 1, 2018 | Listed by Windermere Homes & Estates | $649,000 | |
| Listed by Windermere Homes & Estates | |||
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About La Mesa
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$4,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017