$579,000
●
House -
Off Market
7905 Michelle Dr.
La Mesa, CA 91942
3 Beds
2 Baths
1,248 Ft²
$869,488
RealtyHop Estimate
50.17%
Since Jun 1, 2020
CA-San Diego
Primary Model
About This Property
Welcome to this beautiful 3 bed 2 bath La Mesa home perfect for a
new or growing family! Home features dual pane windows, upgraded
kitchen cabinets, original hardwood floors, charming fireplace,
bedrooms w sliding doors accessing to backyard, newer central
heating & AC, newer enlarged driveway & patio. Enjoy this lovely
private backyard w covered patio & views perfect to relax or
entertain. Nice sized two-car garage. Don't miss the opportunity to
buy in this Family & Community oriented prime neighborhood!
Welcome to this beautiful 3 bed 2 bath La Mesa home perfect
for a new or growing family! Home features dual pane windows,
upgraded kitchen cabinets, original hardwood floors, charming
fireplace, bedrooms w sliding doors accessing to backyard, newer
central heating & AC, newer enlarged driveway & patio. Enjoy this
lovely private backyard w covered patio & views perfect to relax or
entertain. Nice sized two-car garage. Don't miss the opportunity to
buy in this Family & Community oriented neighborhood!.
Neighborhoods: La Mesa Equipment: Garage Door Opener Other
Fees: 0 Sewer: Sewer Connected, Public Sewer Topography: LL
Unit Size
1,248 Ft²
Days on Market
130 days
Land Size
-
Price per sqft
$464
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #200015623)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | Listed by Compass | $899,900 | |
| Listed by Compass | |||
| | |||
|
Light and bright single level home in the highly desired Lake Murray area of La Mesa. This home is the perfect blend of new and vintage with its updated bathrooms, solar, and beautiful original oak wood floors. Private backyard with expansive covered patio to enjoy year round. Enjoy great outdoor activities at nearby Lake Murray and Cowles Mountain, a part of the 8,000 acre Mission Trails Regional Park. Easy access to nearby schools, shopping, freeways, and all of what San Diego has to offer makes this a great place to call home.
| |||
| May 27, 2020 | Sold | ||
| Sold | |||
| Jan 18, 2020 | Listed by Ten X Realty | $579,000 | |
| Listed by Ten X Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About La Mesa
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Listed by: Anna Thomas, Ten X Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200015623
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200015623
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