$424,000
●
House -
Off Market
7686 Marie Ave
La Mesa, CA 91942
2 Beds
1 Bath
936 Ft²
$630,052
RealtyHop Estimate
57.91%
Since Jun 1, 2019
CA-San Diego
Primary Model
About This Property
Upside Potential on a huge lot! Big beautiful shade trees. Quaint
and charming 2 bed/1.5 bath home located near La Mesa Village,
shops and restaurants. Upside Potential on a huge lot! Big
beautiful shade trees. Quaint and charming 2 bed/1.5 bath home
located near La Mesa Village, shops and restaurants..
Neighborhoods: La Mesa Equipment: Range/Oven Other
Fees: 0 Topography: LL
Unit Size
936 Ft²
Days on Market
39 days
Land Size
0.17 acres
Price per sqft
$426
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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 #190021130)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 12, 2019 | Sold | ||
| Sold | |||
| Jul 5, 2019 | Listed by HomeSmart Realty West | $539,900 | |
| Listed by HomeSmart Realty West | |||
| | |||
|
SUBJECT TO CANCELLATION OF CURRENT ESCROW VRP $529,900 - $539,900. Must see remodeled corner lot home with no expense spared! New custom kitchen with beautiful quartz counter tops & stainless steel appliances. Master bedroom w/full bath. Living, dining and kitchen have new modern laminate floors perfect for entertaining! Bedrooms have new carpet. Bathrooms have new modern tiled floors & showers, sinks, white wood cabinets, & brushed nickel hardware. New dual pane windows. 2 Car Garage. Large yard! VA ok! The seller has never occupied the property and has very limited knowledge of property condition or history.. Neighborhoods: La Mesa Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| May 27, 2019 | Sold | ||
| Sold | |||
| Apr 18, 2019 | Listed by Coastal Pacific Real Estate | $399,000 | |
| Listed by Coastal Pacific Real Estate | |||
Property Highlights
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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: Justin Chimento, Coastal Pacific Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190021130
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190021130
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