$750,000
●
House -
Off Market
8606 Butte St
La Mesa, CA 91941
3 Beds
2 Baths
1,518 Ft²
$1,197,264
RealtyHop Estimate
57.53%
Since Oct 1, 2019
CA-San Diego
Primary Model
About This Property
Beautiful single story ranch home within walking distance to
town center's shopping, dining and entertainment. Completely
updated spacious floor plan. Open concept living,dining and
kitchen features custom cabinets, stone fire place and more! Large
low maintenance backyard offers seclusion, privacy and built
in fire pit. Just a quick walk to town center makes this a perfect
location for all. Space Lot could accommodate RV parking or toys.
This lot allows room to grow! Owned Solar! Home
electrical was re wired and new panel installed 2010. Stone,
laminate and tile flooring. Custom kitchen features two granite
islands, built in gas cook top, stainless-steel appliances. New
windows, gutters, roof. Home has been renovated throughout. Low
maintenance turf front and back.. Neighborhoods: Sever
Terrace Equipment: Garage Door Opener Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,518 Ft²
Days on Market
21 days
Land Size
0.20 acres
Price per sqft
$501
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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Cap Rate Calculator
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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 #190050039)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2019 | Sold | ||
| Sold | |||
| Sep 9, 2019 | Listed by Michelle A Goodwin-Hendrickson | $760,000 | |
| Listed by Michelle A Goodwin-Hendrickson | |||
| Mar 27, 2012 | Sold | ||
| Sold | |||
| Feb 1, 2012 | Listed by Alberts and Associates, Inc. | $400,000 | |
| Listed by Alberts and Associates, Inc. | |||
| | |||
|
Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
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
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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Currently no similar homes aroundNearby Rentals
Listed by: Michelle Goodwin-Hendrickson, Michelle A Goodwin-Hendrickson
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190050039
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190050039
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