$560,000
●
House -
Off Market
7695 Central Avenue
Lemon Grove, CA 91945
3 Beds
2 Baths
1,500 Ft²
$746,077
RealtyHop Estimate
36.89%
Since Jan 1, 2021
CA-San Diego
Primary Model
About This Property
Beautifully updated 3Br, 2Ba, 1500 esf single story residence
resting on a 6000 esf corner lot! Numerous upgrades and amenities
include gorgeous wood laminate flooring throughout with exception
to the main bedroom which has the original hardwood floors,
refinished ceilings, recessed lighting, and dual-paned windows
throughout. The kitchen features newer stainless steel appliances
and the fridge, dishwasher, microwave, 5 gas burner range stove and
oven convey! Ceiling fans, a cozy fireplace in the living room and
security screens in front and back further enhance this fabulous
property in addition to a 6 person hot tub and Lennox central
forced air conditioning added in 2015 with WiFi Controls.
Relax or entertain on the spacious covered wood deck with
ceiling fans and skylights. Add to all of this RV access and
parking, community Garden across the street and short distance to
shopping, trolly, Police and Fire Departments. Welcome Home!
Unit Size
1,500 Ft²
Days on Market
33 days
Land Size
0.13 acres
Price per sqft
$363
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 13 months ago (SDMLS #NDP2002063)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2020 | Sold | ||
| Sold | |||
| Oct 30, 2020 | Listed by Professional Realty Services | $545,000 | |
| Listed by Professional Realty Services | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
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Sold On
HOA + Taxes
About Lemon Grove
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Listed by: Janine Staudt, Professional Realty Services
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2002063
Last Updated: 13 months ago
Data Source: CRMLS, MLS# NDP2002063
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