7595 Saranac 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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Listed by C EDWARD & CO. | $1,250,000 | |
| Listed by C EDWARD & CO. | |||
| | |||
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Lovely 4/2 home in La Mesa sitting on a one third acre level site along with a new (2022) absolutely stunning 2 Bed 2 Bath ADU. Main house was originally built in 1937 and has that old world charm. It consists of 1,536 sq ft and has been well maintained and updated. The ADU (922 sq ft) features a contemporary design and is the perfect rental or multi-generational living space. Both units open up onto an amazing yard of native plants, fruit trees, succulents, raised garden beds, chicken coop and much much more. The main house (1,536 square feet) is vacant and is move-in ready. The ADU (922 square feet) is currently rented to a family friend on a M/M lease at below market rent of $3,250/Mo. Both units feature high-end appliances and finishes, good sized rooms and would make for a fabulous residential compound or can be used to generate significant rental income. The amazing yet tranquil yard will satisfy the most enthusiastic garden lover, it must be seen in person to be fully understood. Between the home, the ADU and the site, this property is being sold at less than replacement cost. Perhaps best of all is the location, close to the village, the Fletcher Parkway business area and SDSU.
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| Oct 2, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | Listed by Coldwell Banker Res. Brokerage | $609,900 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017