$350,000
●
House -
Off Market
7986 Alton Drive
Lemon Grove, CA 91945
3 Beds
2 Baths,
1
Half Bath
1,461 Ft²
$749,907
RealtyHop Estimate
113.04%
Since Oct 1, 2013
CA-San Diego
Primary Model
About This Property
Traditional sale! Beautiful home in Lemon Grove with fantastic
updates and upgrades! The lovely, open floorplan greets you with
vaulted ceilings and lots of natural light. The home offers a
living room and separate family room with a traditional brick
fireplace. Recently updated with stainless steel appliances, paint,
carpet, new bathroom fixtures and more. Centrally located near
schools, restaurants, freeways and more, this home should not be
missed! Neighborhoods: Miller's Ranch Equipment: Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,461 Ft²
Days on Market
37 days
Land Size
0.07 acres
Price per sqft
$241
Property Type
House
Property Taxes
-
HOA Dues
$348
Year Built
1986
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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 #130044839)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2013 | Sold | ||
| Sold | |||
| Aug 21, 2013 | Listed by Genesis Realty | $352,000 | |
| Listed by Genesis Realty | |||
| Jul 26, 2013 | Sold | ||
| Sold | |||
| Feb 16, 2013 | Listed by Keller Williams Carmel Valley | $269,000 | |
| Listed by Keller Williams Carmel Valley | |||
| | |||
|
Beautiful 3 bedroom, 2 bathroom home in the Miller's Field neighborhood of Lemon Grove! This wonderful home features an nice open floor plan, vaulted ceilings, and a fireplace in the living room. This home has so much offer... please come and see for yourself! Neighborhoods: Miller's Ranch Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
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Price/ft²
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Listed On
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Sold On
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HOA + Taxes
About Lemon Grove
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Listed by: Jeff Fechter, Genesis Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130044839
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130044839
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