$570,000
●
House -
Off Market
7735 Normal Ave
La Mesa, CA 91941
3 Beds
2 Baths
1,029 Ft²
$952,562
RealtyHop Estimate
59.03%
Since May 1, 2019
CA-San Diego
Primary Model
About This Property
This 1924 home falls under the Historic Resources Inventory "Barker
-Havens House." It was remodeled with over $90K in the past 2 yrs,
keeping the integrity of the building. Upgrades include extensive
foundation work, new electrical, new plumbing, new roof on addition
& refurbishing of old roof, new fences, new front landscape, new
kitchen, new master bedroom with walk in closet, added full bath,
renovated hall bath, refinished hardwood floors & new automatic
garage door. Long driveway for extra parking. Neighborhoods: La
Mesa Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,029 Ft²
Days on Market
48 days
Land Size
-
Price per sqft
$582
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1924
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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 #190009869)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2019 | Sold | ||
| Sold | |||
| Feb 21, 2019 | Listed by Advantage Team Real Estate | $599,000 | |
| Listed by Advantage Team Real Estate | |||
| Aug 23, 2016 | Sold | ||
| Sold | |||
| Jul 8, 2016 | Listed by Tobin Assoc. And Realtors, Inc | $399,000 | |
| Listed by Tobin Assoc. And Realtors, Inc | |||
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The Possibilities are Endless!!! This California Classic home is located minutes from Downtown La Mesa,Upgraded Kitchen and Bathroom, has a large yard, A drive way that can hold 3-4 cars, RV parking, a 2-car detached garage, all newer double pane windows, Real Hard wood underneath carpet, a large laundry room with a deep sink,Range/Stove and refrigerator conveys, a large tree in the backyard, home backs up to an alley, and blocks away from All 3 K-12 Schools! . NO HOA FEES! This is a Regular Sale! Neighborhoods: La Mesa Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About La Mesa
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Listed by: Ceal Muzzy, Advantage Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009869
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009869
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