Listed by: Mary Lawler, San Diego Castles Realty
$725,000
●
House -
Off Market
8109 Sunset Road
Lakeside, CA 92040
3 Beds
2 Baths
1,834 Ft²
$3,487
Est. Monthly
About This Property
Price reduced on 10/14. Incredible Lakeside opportunity! Fixer with
several upgrades and partial raised foundation. Prefer cash offer.
Three bedroom, 2 bath, hardwood floors, all appliances except
washer & dryer were removed. One bathroom has been updated,
one is more original. Single pane windows. Brick fireplace & hearth
in living room. Air conditioner and furnace are approximately 4
years old, roof is composite and approx 12 years old. Newer
ABS plumbing underneath the home. Unfinished basement rooms
with no flooring Large lot; Plenty of room for an ADU or addition
to home. Side gate will accommodate RV or toys. Back
yard is pool-sized or room for an ADU. Pool was removed in approx
2012. Sewer line replaced in 2012. Significant termite work needs
to be done. Super convenient location, huge lot. No HOA.
Incredible Lakeside opportunity! Fixer with several upgrades and
partial raised foundation. Prefer cash offer. Three bedroom, 2
bath, hardwood floors, all appliances except washer & dryer were
removed. One bathroom has been updated, one is more original.
Single pane windows. Brick fireplace & hearth in living room. Air
conditioner and furnace are approximately 4 years old, roof is
composite and approx 12 years old. Newer ABS plumbing
underneath the home. Unfinished basement rooms with no
flooring Large lot; Plenty of room for an ADU or addition to home.
Side gate will accommodate RV or toys. Back yard is
pool-sized or room for an ADU. Pool was removed in approx 2012.
Sewer line replaced in 2012. Significant termite work needs to be
done.
Unit Size
1,834 Ft²
Days on Market
66 days
Land Size
0.49 acres
Price per sqft
$387
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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: 2 years ago (CRMLS #240022971SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Price Decreased |
$710,000
↓ $52K
(6.8%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $762,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
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
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Winter Gardens
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Listed by: Mary Lawler, San Diego Castles Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240022971SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240022971SD
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