$435,000
●
House -
Off Market
7771 Normal Ave.
La Mesa, CA 91941
2 Beds
1 Bath
788 Ft²
$686,177
RealtyHop Estimate
61.45%
Since Sep 1, 2018
CA-San Diego
Primary Model
About This Property
Fantastic opportunity to own a single family home! First time on
the market in 40 years! Why buy a condo with HOA fees when this
charming Spanish style home is move in ready! New carpet, new
paint, new garage door and LED lighting. Low maintenance front yard
and a huge backyard with direct alley access. Plenty of room in the
back for an RV, boat or just additional parking. Walking distance
to schools, shopping, La Mesa Village, Highwood Park and the "La
Mesa staircase" for wonderful exercise and views. Buyers to
verify and approve all data, reports, inspections, permits, MLS and
all information pertaining to property prior to removal of
contingencies.. Neighborhoods: La Mesa Equipment:
Shed(s) Other Fees: 0 Sewer: Public Sewer Topography:
LL
Unit Size
788 Ft²
Days on Market
38 days
Land Size
0.15 acres
Price per sqft
$539
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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 #180039940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2018 | Sold | ||
| Sold | |||
| Jul 20, 2018 | Listed by Keller Williams Realty | $425,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Catherine Zolezzi, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039940
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180039940
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