$401,000
●
House -
Off Market
8283 Alton Drive
Lemon Grove, CA 91945
3 Beds
2 Baths
1,582 Ft²
$762,450
RealtyHop Estimate
83.72%
Since May 1, 2016
CA-San Diego
Primary Model
About This Property
Back on Market No Fault of Property.VALUE RANGE $405-415K.
Wonderful Home with huge piece of land! Rock walls, a large
finished workshop, RV pad. Manicured lawns. Irrigation system
throughout. Huge .28 acres with multiple large patios
overlooking your private compound. Views for miles! The home has a
1 year old roof. Dual pane windows. Central heating and air. Huge
29x15 Family room. Perfect for buyer with cars, RV.Toys
Neighborhoods: Lemon Grove Equipment: Range/Oven Other Fees:
0 Sewer: Sewer Connected Topography: GSL
Unit Size
1,582 Ft²
Days on Market
69 days
Land Size
0.28 acres
Price per sqft
$262
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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: 5 months ago (SDMLS #160006666)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2019 | Sold | ||
| Sold | |||
| Jun 25, 2019 | Listed by Berkshire Hathaway HomeService | $479,000 | |
| Listed by Berkshire Hathaway HomeService | |||
 | |||
|
Spacious 2bedroom 2bath home with an extra room perfect for another bedroom, office etc. The spacious home has been freshly painted throughout and brand new carpeting installed. Beautiful granite countertops in kitchen, dual pane sliders & a newer roof. Central heat & A/C. Expansive family room with fireplace ideal for a game room. Laminate hardwood flooring. Expansive decks and patios to enjoy the beautiful views. RV, Boat parking galore!!!! Brand new turf yard in front Neighborhoods: Lemon Grove Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
| Apr 15, 2016 | Sold | ||
| Sold | |||
| Feb 6, 2016 | Listed by Pacific Sotheby's Int'l Realty | $415,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
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
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Lemon Grove
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Listed by: Timothy Hintz, Pacific Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160006666
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160006666
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