$575,777
●
House -
Off Market
7935 Michelle Dr.
La Mesa, CA 91942
3 Beds
2 Baths
1,248 Ft²
$926,019
RealtyHop Estimate
68.40%
Since Aug 1, 2017
CA-San Diego
Primary Model
About This Property
Absolutely beautiful home located in the highly sought after San
Carlos neighborhood. Upon walking into this gorgeous property,
you'll fall in love with the original hardwood floors and find a
perfect place to enjoy family time with the open kitchen, living
room, and dining area. The large kitchen is well-suited for
entertaining guests and the large bedrooms and bathrooms create and
ideal living space and environment for all. The amazing pool and
outdoor space is the added bonus for any buyer. Neighborhoods: San
Carlos Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,248 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$441
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 #170032721)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Radius Agent Realty | $899,999 | |
| Listed by Radius Agent Realty | |||
| | |||
|
This charming single level home with a recently remodeled kitchen is ready for making at-home meals for quiet nights or entertaining guests. With an open layout, the living room and master bedroom both have direct access to the backyard, which includes a newly resurfaced pool, spa, as well as newly installed owned solar. 2 car garage, additional driveway parking, and potential R/V or boat parking. This home is located in an ideal location being nearby Lake Murray, Cowles Mountain (part of Mission Trails Regional Park), shopping, restaurants, freeway access, and more!
| |||
| Jun 1, 2020 | 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
Price/ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About La Mesa
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Listed by: Jeffrey Whittington, Whittington Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170032721
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170032721
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