Listed by: Kim Ward, Horizon Real Estate
$2,266,500
●
House -
Off Market
8581 Sugarman Drive
La Jolla, CA 92037
4 Beds
2 Baths
2,195 Ft²
$11,142
Est. Monthly
About This Property
Charming La Jolla home on over 1/4 acre with possible potential for
an ADU. This inviting residence features abundant natural light, a
spacious living/dining room with gas fireplace and the character of
beamed ceilings. The primary bedroom boasts a built-in dresser,
ample closet space, and shutters, complemented by a primary bath
with dual sinks. Enjoy the convenience of a three-car garage with a
spacious workshop and a dedicated laundry room. The open-concept
kitchen and family room offer solid surface flooring, with the
kitchen featuring granite counters, perfect for comfortable living
and entertaining!
Unit Size
2,195 Ft²
Days on Market
27 days
Land Size
0.27 acres
Price per sqft
$1,034
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: 3 years ago (CRMLS #240017744SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Price Increased |
$2,269,000
↑ $120K
(5.6%) | |
| Price Increased | |||
| Aug 15, 2024 | Relisted | $2,149,000 | |
| Relisted | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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HOA + Taxes
About Northern San Diego
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Listed by: Kim Ward, Horizon Real Estate
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240017744SD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240017744SD
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