$510,000
●
House -
Off Market
8505 Rockledge Road
La Mesa, CA 91941
3 Beds
2 Baths
1,479 Ft²
$900,242
RealtyHop Estimate
83.72%
Since May 1, 2016
CA-San Diego
Primary Model
About This Property
You've got to see me; I'M GORGEOUS! Pride of ownership is obvious
from the moment you arrive. This delightfully decorated home
features gleaming refinished solid oak floors, decorative base and
crown moldings, arches and ceiling treatments. Cozy up by the
fireplace and enjoy the view of Mt. Helix. There is even a huge
BASEMENT workshop behind the garage. The exquisitely landscaped
rear gardens feature a covered patio, raised vegetable beds,
blooming trees & roses, meandering pathways & sitting areas. Supp
Neighborhoods: La Mesa Architectural Style:
Craftsman/Bungalow View: Craftsman/Bungalow Equipment:
Dryer,Garage Door Opener, Range/Oven, Shed(s), Washer Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,479 Ft²
Days on Market
36 days
Land Size
0.33 acres
Price per sqft
$331
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1947
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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 #160013549)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 18, 2016 | Sold | ||
| Sold | |||
| Mar 13, 2016 | Listed by Pacific Sotheby's Int'l Realty | $490,000 | |
| 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
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
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Listed by: David Bryan, Pacific Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160013549
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160013549
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