7526 Olive Place
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 19, 2024 | In contract | - | |
| In contract | |||
| Aug 22, 2024 | Listed by eXp Realty of California, Inc. | $824,900 | |
| Listed by eXp Realty of California, Inc. | |||
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Welcome to 7526 Olive Pl, an iconic mid-century gem perched on a scenic hill in La Mesa. This charming 3-bedroom, 2-bathroom home embodies mid-century modern design with its clean lines and refinished hardwood oak floors throughout. The main house includes 2 bedrooms and 1 bathroom, all refreshed with a new coat of interior paint and double pane windows that flood the space with natural light. The pleasant front yard is the largest on the street, enclosed by a classic white picket fence, making it not only appealing but also useful and ready for your imagination. The property also features a fully enclosed backyard, perfect for dog owners and those who value privacy. You'll love the incredible workshop/covered patio space, ideal for hobbies or outdoor entertaining. Ample storage is available with standing room in both attics, accessible via pull-down stairs. Located in a tranquil, tree-lined neighborhood, this home is in close proximity to great schools and is conveniently central to all of San Diego's shopping, restaurants, and more. The property also features a versatile studio ADU, perfect for extended family or generating additional income. Discover the perfect blend of classic design and modern convenience in this stunning mid-century retreat.
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| Jan 20, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017