$380,000
●
House -
Off Market
8748 Mellmanor Drive
La Mesa, CA 91942
3 Beds
2 Baths
1,125 Ft²
$842,383
RealtyHop Estimate
113.26%
Since Dec 1, 2013
CA-San Diego
Primary Model
About This Property
Gorgeous MOVE-IN READY home sits on an est. 9,148 sqft lot on a
cul-de-sac featuring 3Br/2Ba w/ many upgrades! Including New
Laminate Wood Flooring, New Stainless Steel Appliances, New Paint,
New Doors, Upgraded Central A/C, Furnace & Water Heater, New Energy
Efficient Dual-Pane Windows, Brick Fireplace, 2-Car Attached
Garage, Large Backyard w/ Covered Patio, Custom Landscaping w/ Auto
Irrigation. Along with easy access to freeways, enjoy nearby
Shopping Center, Dining, Trolley, Parks, Schools & More!
Neighborhoods: La Mesa Equipment: Garage Door Opener, Range/Oven,
Shed(s), Water Filtration Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,125 Ft²
Days on Market
65 days
Land Size
0.21 acres
Price per sqft
$351
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #130048342)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2018 | Sold | ||
| Sold | |||
| Jul 14, 2018 | Listed by Pacific Sotheby's Int'l Realty | $599,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| | |||
|
Gorgeous updated home on a cul-de-sac featuring 3Br/2Ba with many upgrades including newly remodeled kitchen and bathrooms, laminate flooring, stainless appliances, designer paint, newer doors, central A/C, energy efficient dual-pane windows, beautiful brick fireplace, 2-car attached garage, large usable backyard with a covered patio that is BBQ ready, landscaping is complete with auto irrigation. Location, Location-easy access to freeways, nearby Grossmont Center, dining, trolley, parks, and schools! Neighborhoods: La Mesa Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
| |||
| Nov 13, 2013 | Sold | ||
| Sold | |||
| Sep 9, 2013 | Listed by Berkshire Hathaway HomeService | $395,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Mesa
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Listed by: Joel Blumenfeld, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130048342
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130048342
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