$454,000
●
House -
Off Market
8720 Delta
La Mesa, CA 91942
3 Beds
1 Bath
1,068 Ft²
$809,454
RealtyHop Estimate
74.11%
Since Apr 1, 2017
CA-San Diego
Primary Model
About This Property
Shaky Escrow. Pending cancellation of current escrow. Darling La
Mesa home! Clean, updated, light, bright and airy with an
artistic flare. Inviting front porch will lead you into
original wood flooring, beautifully remodeled kitchen and full size
laundry area. Good size bedrooms. The kitchen has been
recently remodeled complete with gorgeous quartz counter tops, farm
house sink, new lower cabinets with really neat features.
There is also a beautiful built in breakfast nook with table
and custom storage underneath. 2 tiered yard with incredible garden
area that is filled with veggies and fruit trees galore!! There is
a fun side yard with a hand painted mural and children's secret
garden. Newer AC/Heat. Great family neighborhood that is close to
Grossmont Center, shopping, trolly and more! There is a newly built
room in the garage that was created for a music room. It is
very well insulated and has it's own AC unit. It does take up
about 1/3 of the space of the garage. It would be great for a home
office.. Neighborhoods: La Mesa Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,068 Ft²
Days on Market
38 days
Land Size
0.13 acres
Price per sqft
$435
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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 #170004819)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2017 | Sold | ||
| Sold | |||
| Jan 28, 2017 | Listed by Steele Canyon Realty | $464,900 | |
| Listed by Steele Canyon Realty | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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ft²
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HOA + Taxes
About La Mesa
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Listed by: Lisa Ruiz, Steele Canyon Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170004819
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170004819
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