$415,000
●
House -
Off Market
7762 Parkway Drive
La Mesa, CA 91942
3 Beds
3 Baths,
1
Half Bath
2,154 Ft²
$884,123
RealtyHop Estimate
113.04%
Since Oct 1, 2013
CA-San Diego
Primary Model
About This Property
Perched high atop scenic La Mesa, this unique property with
incredible views offers tremendous potential. The main residential
structure and detached studio living area already exists for this
to become a spectacular masterpiece; your creative vision is all
that is missing. Maximize the value of this home's incredible views
via some remodeling and updating. See supplemental remarks for
additional property description. Neighborhoods: La Mesa Equipment:
Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: GSL Guest House Est. SQFT: 488
Unit Size
2,154 Ft²
Days on Market
190 days
Land Size
0.38 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961
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Cap Rate Calculator
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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 #130013894)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 3, 2019 | No longer available | - | |
| No longer available | |||
| Jul 25, 2019 | Listed | $649,900 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 2194 square feet.
| |||
| Sep 25, 2013 | Sold | ||
| Sold | |||
| Mar 19, 2013 | Listed by Orgel Realty & Mortgage Co | $415,000 | |
| Listed by Orgel Realty & Mortgage Co | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
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Listed by: Marty Orgel, Orgel Realty & Mortgage Co
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130013894
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130013894
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