$484,000
●
House -
Off Market
8468 Hillcrest Avenue
La Mesa, CA 91941
2 Beds
2 Baths,
1
Half Bath
1,150 Ft²
$917,912
RealtyHop Estimate
85.44%
Since Apr 1, 2016
CA-San Diego
Primary Model
About This Property
Beautiful home in the heart of La Mesa with views of the Village
and Cowles Mountain....Don't miss this upgraded 2 bedroom/2.5 bath
beauty! This home was rebuilt in 2014 to include an open concept
white shaker kitchen and custom granite counters, stainless steel
appliances and and island. Upstairs includes 1/2 bath with a
living room/dining room combo and office nook. Pella Windows,
solid core shaker doors, and hardwood floors throughout. SEE
SUPPLEMENT Neighborhoods: La Mesa Equipment: Dryer,
Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected
Topography: GSL
Unit Size
1,150 Ft²
Days on Market
38 days
Land Size
0.03 acres
Price per sqft
$430
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995
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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 #160005616)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 10, 2016 | Sold | ||
| Sold | |||
| Feb 1, 2016 | Listed by Gem Real Estate | $495,000 | |
| Listed by Gem Real Estate | |||
| May 2, 2014 | Listed by CityScape Real Estate | $460,000 | |
| Listed by CityScape Real Estate | |||
 | |||
|
Attention appraisers: SOLD before inputting into MLS. Elegant remodel/addition fully permitted in the heart of the La Mesa village. Over 600 square feet added. SEE SUPPLEMENT for complete description. Neighborhoods: La Mesa Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
Property Highlights
Air Conditioning
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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Listed On
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Sold On
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About La Mesa
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Listed by: Andrea Flint-Gogek, Gem Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160005616
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160005616
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