$485,000
●
House -
Off Market
8038 Culowee St
La Mesa, CA 91942
2 Beds
1 Bath
975 Ft²
$763,163
RealtyHop Estimate
59.03%
Since May 1, 2019
CA-San Diego
Primary Model
About This Property
Adorable 2BR/1BA home with lots of charm! Vaulted ceilings in the
living room and master bedroom, wood burning fireplace in the
living room, original tile in the kitchen and bath all give this
home so much warmth and character that is hard to find! The
backyard is large and split level to offer multi use. The 2 car
garage is detached and has alley access from the back of the
property. Just blocks to the heart of the village this home is
walking distance to shops, restaurants, the trolley and more!
Adorable 2BR/1BA home with lots of charm! Vaulted ceilings in
the living room and master bedroom, wood burning fireplace in the
living room, original tile in the kitchen and bath all give this
home so much warmth and character that is hard to find! The
backyard is large and split level to offer multi use. The 2 car
garage is detached and has alley access from the back of the
property. Just blocks to the heart of the village this home is
walking distance to shops, restaurants, the trolley and more!
Property sold as is.. Neighborhoods: La Mesa Other Fees: 0
Sewer: Sewer Connected Topography: SSLP
Unit Size
975 Ft²
Days on Market
63 days
Land Size
-
Price per sqft
$492
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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 #190009631)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2019 | Sold | ||
| Sold | |||
| Feb 18, 2019 | Listed by Hammett Properties | $479,900 | |
| Listed by Hammett Properties | |||
Property Highlights
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
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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: Jennifer Sanchez, Hammett Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009631
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009631
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