$750,000
●
House -
Off Market
8510 Porter Hill Terrace
La Mesa, CA 91942
3 Beds
2 Baths
1,558 Ft²
$997,964
RealtyHop Estimate
36.89%
Since Jan 1, 2021
CA-San Diego
Primary Model
About This Property
Prime La Mesa location with great walkability! This home in nestled
in the Porter Hill neighborhood of La Mesa Village. Completely
remodeled 2 years ago, it boasts a beautiful kitchen with stainless
steel appliances, Quartz counter tops, and open-concept living. The
kitchen opens up to a spacious living room with a fireplace and
gorgeous, custom built-in desk and shelving unit. An extra-large
primary suite, with plenty of closet space and a remodeled ensuite
bathroom. Enjoy your morning cup of coffee or afternoon beverage on
the front porch while visiting with neighbors on their morning and
evening walks. Both front and backyards feature
low-maintenance turf and covered patios. A short walk to the La
Mesa Community Center, MacArthur Park, and La Mesa Village where
you will find restaurants, bars, boutique shops, library, farmers
market and much more.
Unit Size
1,558 Ft²
Days on Market
34 days
Land Size
0.13 acres
Price per sqft
$468
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: 12 months ago (SDMLS #PTP2001684)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2020 | Sold | ||
| Sold | |||
| Nov 24, 2020 | Listed by Coldwell Banker West | $729,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
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
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Laurie MacDonald, Coldwell Banker West
Last Updated: 12 months ago
Data Source: CRMLS, MLS# PTP2001684
Last Updated: 12 months ago
Data Source: CRMLS, MLS# PTP2001684
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