$455,000
●
House -
Off Market
7637 Homewood Pl
La Mesa, CA 91942
4 Beds
2 Baths
1,752 Ft²
$815,269
RealtyHop Estimate
81.17%
Since Oct 1, 2016
CA-San Diego
Primary Model
About This Property
Amazing location! Bring your imagination for this large 4
bedroom, 2 bath home in desirable La Mesa. Open floor plan is
great for entertaining. Private master suite. Fully fenced backyard
with a detached garage. Perfect opportunity to add your
personal touches. Spectacular location on a quiet street
close to all, including downtown La Mesa and Mt. Helix High School.
Neighborhoods: La Mesa Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,752 Ft²
Days on Market
47 days
Land Size
0.14 acres
Price per sqft
$257
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #160040460)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | Listed by Redfin Corporation | $895,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
Beautifully remodeled La Mesa home boasts of luxury vinyl plank flooring throughout, OWNED SOLAR, central AC, recessed lighting and open, flowing floor plan and newer windows. ADU opportunity with the detached 2 car garage with private entrance. The living room exudes warmth making it the perfect place to gather with its large windows and wood-burning stove. The open kitchen has plenty of cabinet space, quartz countertops and backsplash, and stainless steel appliances. The inside laundry room is equipped with cabinets to keep you organized and has additional space to add pantry shelves or more storage space. The primary bedroom enjoys a walk-in closet and overlooks the backyard. Seller replaced roof, electrical panel, added EV charger, added central heat/AC, cast iron under house replaced with ABS, sewer main replaced. Ideally located only 3 miles from SDSU and I-8 for easy commuting. You are blocks from grocery stores, shopping and restaurants too. Don’t miss this opportunity!
| |||
| Sep 7, 2016 | Sold | ||
| Sold | |||
| Jul 22, 2016 | Listed by Shorebreak Real Estate | $450,000 | |
| Listed by Shorebreak Real Estate | |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Mesa
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Listed by: Nikolas Mazzola, Shorebreak Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160040460
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160040460
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