$651,000
●
House -
Off Market
7862 Cinnabar Drive
La Mesa, CA 91941
3 Beds
2 Baths
1,487 Ft²
$997,485
RealtyHop Estimate
53.46%
Since Mar 1, 2020
CA-San Diego
Primary Model
About This Property
This home is located just a short walk from all that La Mesa
Village has to offer. This light, bright, turn key property
boasts some amazing views. Close to Highwood Park and La
Mesa Arts Academy. Wonderful private yard with a private
area off the Large Master Suite, with a beautifully updated master
bath. A real contemporary feel to this property.
Beautiful oak hardwood floors grace this home. The
kitchen has a farmers sink and glass display cabinet. The
master bath was done with a pebble shower floor and nickel pulls.
This home is located close enough to walk into the charming
La Mesa Village but remains in a peaceful setting..
Neighborhoods: La Mesa Village Equipment: Dryer,Garage
Door Opener, Washer Other Fees: 0 Sewer: Sewer Connected
Topography: GSL
Unit Size
1,487 Ft²
Days on Market
87 days
Land Size
6,400.00 acres
Price per sqft
$437
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 #190065346)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2020 | Sold | ||
| Sold | |||
| Dec 1, 2019 | Listed by Balboa Real Estate Inc | $650,000 | |
| Listed by Balboa Real Estate Inc | |||
| Jun 19, 2017 | Sold | ||
| Sold | |||
| May 15, 2017 | Listed by Compass | $599,999 | |
| Listed by Compass | |||
 | |||
|
TURN-KEY LA MESA COTTAGE - - CLOSE ENOUGH TO STROLL TO THE VILLAGE!! Sitting high upon a hilltop w/ unexpected views, this LIGHT BRIGHT charmer is ready for your family! Hardwood floors, renovated kitchen/baths & a private oasis yard (pavers, grass & cafe lights) has all that you've been waiting for in a perfect location. Enjoy the delight of La Mesa's quaint village, complete w/ shops, restaurants & fun! Around the corner from neighborhood Highwood Park & LMAAC. Wonderful contemporary flair! TURNKEY LA MESA COTTAGE - - CLOSE ENOUGH TO STROLL TO THE VILLAGE!! Sitting high upon a hilltop w/ unexpected views, this LIGHT BRIGHT charmer is ready for your family! Beautiful Oak Hardwood floors add a rustic yet contemporary feel to this highly upgraded home. Kitchen has been renovated and is complete with horizontal tile backsplash, a farmhouse sink, glass display cabinet and stainless steel appliances. Upgraded master bath has brushed nickel pulls and a pebble shower floor. Your own private oasis of a yard (pavers, grass & cafe lights) has all that you've been waiting for in a perfect location, and is perfect for entertaining your friends and family. Enjoy the delight of La Mesa's quaint village, complete w/ shops, restaurants & fun! Around the corner from neighborhood Highwood Park & LMAAC. Wonderful contemporary flair!. Neighborhoods: La Mesa Village Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
| Nov 19, 2012 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Parking Available
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
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HOA + Taxes
About La Mesa
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Listed by: Laurie Shaw, Balboa Real Estate Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190065346
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190065346
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