$660,000
●
House -
Off Market
7881 Cimarron Ln
La Mesa, CA 91942
4 Beds
2 Baths,
1
Half Bath
2,280 Ft²
$1,021,755
RealtyHop Estimate
57.22%
Since Aug 1, 2019
CA-San Diego
Primary Model
About This Property
Beautifully updated and move-in ready! Extensively remodeled in
2016, the main level offers a spacious master suite, open concept
living room, cozy fireplace and large remodeled eat-in kitchen with
stainless steel-appliances. This light, bright and airy home has
everything you want in a prime location. Perched on a quiet
cul-de-sac, this contemporary style build La Mesa Village. Walk to
Vons, Starbucks, Farmer's Table, the library and much more!
Relax and enjoy the sun and the views on the breezy upper
deck. Downstairs you'll find 3 more bedrooms and another huge
outdoor space that is ripe with possibilities. Altogether, this
home has 1,200 square feet of outdoor decks. What an easy house to
maintain-practically no yard work! Two car garage with additional
storage/hobby room. Highly regarded La Mesa Schools-Helix High
School, LMAAC! Great walkability, sense of community and quality of
life. Quick access to the 8, 125 and 94 freeways. Easy 10-20 minute
commute to Downtown, Mission Valley, SDSU, the beaches, airport,
and military bases.. Neighborhoods: La Mesa Village
Equipment: Dryer,Garage Door Opener Other Fees: 0 Sewer:
Sewer Connected Topography: SSLP
Unit Size
2,280 Ft²
Days on Market
38 days
Land Size
0.10 acres
Price per sqft
$285
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 #190034259)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2021 | No longer available | - | |
| No longer available | |||
| Dec 6, 2021 | In contract | - | |
| In contract | |||
| Nov 20, 2021 | Price Decreased |
$885,000
↓ $14K
(1.6%) | |
| Price Decreased | |||
| Nov 10, 2021 | Relisted | $899,000 | |
| Relisted | |||
| Nov 7, 2021 | No longer available | - | |
| No longer available | |||
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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: Jill Hansen, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190034259
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190034259
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