$580,000
●
House -
Off Market
8000 MICHELLE DR.
La Mesa, CA 91942
3 Beds
2 Baths
1,274 Ft²
$908,598
RealtyHop Estimate
51.69%
Since Apr 1, 2020
CA-San Diego
Primary Model
About This Property
VIEWS! VIEWS! VIEWS! HIGHLY DESIRABLE LA MESA NEIGHBORHOOD! DO A
LITTLE, SAVE A LOT WITH THIS LOVELY VINTAGE CHARMER! FEATURES
INCLUDE: SPACIOUS FLOOR PLAN WITH SIT DOWN VIEWS OF COWLES MOUNTAIN
FROM LIVING ROOM, KITCHEN & PATIO/BACKYARD! UPGRADED KITCHEN
CABINETS, & APPLIANCES! OWNED SOLAR W/NEWER ROOF! DUAL PANE
WINDOWS! GORGEOUS WOOD SHUTTERS! UPGRADED CENTRAL HEAT & A/C!!
UPGRADED ELECTRICAL! HARDWOOD FLOORS UNDER CARPET! LARGE
BACKYARD W/ FRUIT TREES &GRASSY AREA!! 2-CAR GARAGE! FHA/VA
WELCOME!! LOCATION!! LOCATION!! A TRUE LA MESA CLASSIC!! TAKE
SOME OLD WITH THE NEW... AND LIVE IN A MUCH DESIRED NEIGHBORHOOD!!
HOME HAS BEEN LOVINGLY CARED FOR BY ORIGINAL OWNER!! FEATURES
INCLUDE: PAID OFF SOLAR, NEWER ROOF, CENTRAL A/C & HEAT, DUAL PANE
WINDOWS, NEWER ROOF, WOOD SHUTTERS THROUGHOUT, ROLL UP GARAGE DOOR
& OPENER, VINYL PATIO COVER (LOOKS LIKE WOOD) AND UPGRADED KITCHEN
CABINETS/APPLIANCES!! ALL WOOD FLOORS UNDER CARPET! FRIDGE, WASHER
& DRYER CONVEY!! LOVELY BACKYARD WITH FRUIT TREES INCL: PEACH,
ORANGE, LEMON, FIG, TANGERINE!! SIT ON THE PATIO, ENJOY A COCKTAIL
AND WATCH THE SUNSET BY COWLES MOUNTAIN!! CLOSE TO SHOPPING,
RESTAURANTS, LAKE MURRAY, AND EZ FREEWAY ACCESS!!.
Neighborhoods: LA MESA/LAKE MURRAY Equipment:
Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
1,274 Ft²
Days on Market
37 days
Land Size
0.17 acres
Price per sqft
$470
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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Cap Rate Calculator
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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 #200007042)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2020 | Sold | ||
| Sold | |||
| Feb 11, 2020 | Listed by RE/MAX Hometown Realtors | $599,000 | |
| Listed by RE/MAX Hometown Realtors | |||
Property Highlights
Garage
Air Conditioning
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
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Listed by: Karen Whitfield, RE/MAX Hometown Realtors
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200007042
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200007042
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