$640,000
●
House -
Off Market
848 Midway Dr.
Alpine, CA 91901
4 Beds
2 Baths
1,731 Ft²
$917,123
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model
About This Property
Beautifully remodeled country home in sought-after west end of
Alpine. Hrdwd flrs just refinished. Newer Stainless-steel
appliances, central heat & AC, owned solar! 3BR with
family room/opt 4th BR, spacious formal dining room that opens up
to a scenic covered deck. Perfect for indoor/outdoor entertaining.
Corner lot, .95-acres ,surrounded by pine trees and
lush green landscaping. Mature- lemon, orange , and pomelo
fruit trees. Quiet, serene location. Solar panels on front
and rear of home, PAID! Seller will entertain offers between
$595,000 and $645,000. Hardwood floors were just
refinished and are gorgeous! Don't miss this home!
Dual driveways and oversized garage with roll up doors
on each side! Plenty of room for toys, etc
Living room with brick fireplace and original hardwood
floors. Family room could be optional br 4, with pot
bellied stove. You won't want to miss this amazing covered
deck - entertaining is a breeze with this gorgeous kitchen,
spacious DR and huge deck... enjoy the peace and serenity and peek
mountain views. Home was built in late1920s/early
1930 (not reflected in Tax Rolls) and moved onto this location.
Pride in craftsmanship! Fruit orchard
includes: apricots, lemon, line, pumelo, tangerine.
Garage is a perfect workshop with air compressor, safe and
more! Plenty of room for guest house / ADU, or Pool!.
Neighborhoods: Alpine Equipment: Dryer,Garage Door
Opener, Shed(s), Washer Other Fees: 0 Sewer: Septic Installed
Topography: LL,GSL
Unit Size
1,731 Ft²
Days on Market
84 days
Land Size
0.95 acres
Price per sqft
$373
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #200001819)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2020 | Sold | ||
| Sold | |||
| Jan 10, 2020 | Listed by Pacific Sotheby's Int'l Realty | $645,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Dec 27, 2019 | Sold | ||
| Sold | |||
| Dec 3, 2019 | Listed by Berkshire Hathaway HomeService | $579,900 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
Gorgeous home in parklike setting with OWNED SOLAR! This home is in pristine condition, with the charm of days gone by. Beautiful hardwood floors, vintage built-in's, brick fireplace and extensive covered wood deck make this home a delight. Dual driveways on either side of property meet at the Drive-thru garage that fits up to 4 cars. Relax on the deck overlooking this tranquil oasis on nearly an acre with many fruit trees, gazebo/sitting area and so much more. Plenty of room for outdoor activities! Home was built in late 1920's/early 1930's and moved to this location (Tax Record eff date built 1960) and boasts the great craftsmanship of those days. Owners have maintained this home wonderfully & it is in immaculate condition. Master Bedroom & Living Room both have large Bay windows. High end ceiling fans throughout, Skylight in the Kitchen makes it light and bright, plus plenty of room for a dine-in area. Great layout with Master Bedroom on one end and other bedrooms on the other, creating a nice private sanctuary.Many fruit trees to enjoy, including 3 Apricot, hybrid tangerine, key lime, lemon & pomelo. Enjoy the low water landscape with drip system to the fruit trees & other landscaping around the home. House is set up with 200 amp & the garage has 50 amp box plus built in workbench, Air Compressor, freezer and newer, insulated garage doors.. Neighborhoods: Alpine Other Fees: 0 Sewer: Septic Installed Topography: LL,RSLP,GSL
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Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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HOA + Taxes
About Alpine
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Listed by: Jenniffer Taylor, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200001819
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200001819
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