$700,000
●
House -
Off Market
8474 Golden Ridge Rd
Lakeside, CA 92040
3 Beds
2 Baths
1,720 Ft²
$1,097,571
RealtyHop Estimate
57.02%
Since Dec 1, 2019
CA-San Diego
Primary Model
About This Property
Remarkable 3 unit property with tons of potential. The main house
is very custom to its time with a counter sunk living room, double
sided brick fireplace, exposed beam ceilings, country style
kitchen, and large open windows over looking a sparkling
rectangular pool. The granny flat can offer additional income or
possibly a place for friends or family to stay. The 3rd detached
unit is a manufactured home that also has great income potential.
There is a large detached 3 car garage with its own bathroom.
Property Offers: 750 sqft 2 bed 2 bath granny flat, long
concrete driveway, 1750 sqft 3 bed 2 bath main house with open
beamed ceilings, beautiful large rectangular swimming pool, 1 bed 1
bath manufactured home, detached 3 car garage with full bath, 2
storage sheds, 1 pool shed, fully fenced, large avocado tree,
relaxing fire pit area, BBQ area, close to schools and stores, easy
access to the 8 freeway and the 67.. Neighborhoods: Golden
Ridge Equipment: Garage Door Opener,Pool/Spa/Equipment, Shed(s)
Other Fees: 0 Sewer: Sewer Connected Topography: GSL
Unit Size
1,720 Ft²
Days on Market
34 days
Land Size
0.41 acres
Price per sqft
$406
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
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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 #190054704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 7, 2019 | Sold | ||
| Sold | |||
| Oct 4, 2019 | Listed by Berkshire Hathaway HomeService | $699,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Parking Available
Fireplace
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Sold On
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HOA + Taxes
About Winter Gardens
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chase Cromwell, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190054704
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190054704
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