$635,000
●
House -
Off Market
7935 Cinnabar Dr
La Mesa, CA 91941
3 Beds
2 Baths
1,575 Ft²
$1,019,299
RealtyHop Estimate
60.52%
Since Apr 1, 2019
CA-San Diego
Primary Model
About This Property
First time on market in over 50 years! This home has a spacious
floor plan with an updated kitchen and stainless steel appliances.
Stunning views from the living room and backyard.Living room
features a beautiful tray ceiling. Come ready to create your own
memories in this lovingly cared for home. Fantastic school system.
Located in a very desirable area of La Mesa, steps away from the
secret stairs and 5 minutes to La Mesa Village. Neighborhoods:
Windsor Hills Equipment: Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL,GSL
Unit Size
1,575 Ft²
Days on Market
102 days
Land Size
0.17 acres
Price per sqft
$403
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #180064828)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2021 | No longer available | - | |
| No longer available | |||
| Sep 26, 2021 | In contract | - | |
| In contract | |||
| Sep 24, 2021 | Price Decreased |
$925,000
↓ $35K
(3.7%) | |
| Price Decreased | |||
| Sep 17, 2021 | Listed by Compass | $960,000 | |
| Listed by Compass | |||
| | |||
|
Character all the way around! This mid-century style home obviously has been cared for by the Owners. Original wooden floors, new refrigerator/dishwasher, A well manicured private backyard with mature fruit trees, beautiful new redwood fence and an enjoyable daily ocean breeze. A large jacuzzi with patio privacy. West facing views and all year round sunsets. Great level lot with a large 2 car garage; ample parking in driveway. Modern duct work, exhaust fan, A/C and re-insulated attic. All cast iron pipes replaced with new ABS. Replaced underground sewer to street with new 2021 plumbing clean-outs. Water heater 2019. The active La Mesa Village only 5 minutes away and a short walk to the "secret stairs." The manager has listed the unit size as 1575 square feet.
| |||
| Mar 8, 2019 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About La Mesa
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Listed by: Leah Greenwood, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180064828
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180064828
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