$518,000
●
House -
Off Market
7985 Normal Ave
La Mesa, CA 91941
2 Beds
1 Bath
812 Ft²
$834,883
RealtyHop Estimate
59.03%
Since May 1, 2019
CA-San Diego
Primary Model
About This Property
vrm: 500k-525k...Welcome to this beautifully remodeled starter home
with it's inviting front porch for relaxing. The main living area
is open to the kitchen, with plenty of built-ins, wainscoting,
engineered wood-look flooring and is joined by the separate dining
space that has a wall of windows. The new kitchen features recessed
lighting, white shaker cabinets with gorgeous gray quartz
countertops.The private terraced yard has a patio for additional
outdoor seating. Close to schools, shopping & freeway!! The
separate laundry room has a full sized washer and dryer with new
tiled floors. Both sunfilled bedrooms have on-trend sliding barn
doors. The bathroom has been updated with modern black fixtures and
new flooring. The detached 2 car garage has a long driveway for
potential RV parking. The private terraced yard has a patio for
additional outdoor seating.Close to schools,shopping & freeways ***
Added Benefit: r2 zoned & garage can easily be converted into a ADU
unit/ granny flat without losing any square footage; Has existing
plumbing, waste, and electrical. Neighborhoods: La Mesa
Architectural Style: Craftsman/Bungalow View:
Craftsman/Bungalow Equipment: Dryer, Range/Oven, Washer
Other Fees: 0 Sewer: Sewer Connected
Unit Size
812 Ft²
Days on Market
45 days
Land Size
0.13 acres
Price per sqft
$647
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013
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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 #190010687)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by Redfin Corporation | $525,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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HOA + Taxes
About La Mesa
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Listed by: Ray McCleary, Redfin Corporation
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190010687
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190010687
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