$558,500
●
Condo -
Off Market
8775 Spring Canyon Dr
Spring Valley, CA 91977
3 Beds
3 Baths,
1
Half Bath
1,226 Ft²
$3,360
Est. Monthly
$585
HOA / Fees
6.62%
Cap Rate
About This Property
Light and bright corner unit in the gated Spring Canyon community.
This unit is the only one in the complex with a private gated side
yard in addition to the gated front and backyard. The garage and
parking space right in front of the home round out the feeling of
living in a detached home within a condo community. Home needs some
TLC but the main components have been updated in the past 4 years.
Including a renovated kitchen, bathroom updates, AC condenser and
water heater. So much untapped potential in the home with huge loft
space above both upstairs bedrooms!! Bring your imagination and
make this home exactly what you are looking for! Light and
bright corner unit in the gated Spring Canyon community. This unit
is the only one in the complex with a private gated side yard in
addition to the gated front and backyard. The garage and parking
space right in front of the home round out the feeling of living in
a detached home within a condo community. Home needs some TLC but
the main components have been updated in the past 4 years.
Including a renovated kitchen, bathroom updates, AC condenser and
water heater. So much untapped potential in the home with huge loft
space above both upstairs bedrooms!! Bring your imagination and
make this home exactly what you are looking for!
Unit Size
1,226 Ft²
Days on Market
74 days
Land Size
16.67 acres
Price per sqft
$461
Property Type
Condo
Property Taxes
-
HOA Dues
$585
Year Built
1986
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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: 2 years ago (CRMLS #240026234SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2024 | Price Increased |
$565,000
↑ $45K
(8.7%) | |
| Price Increased | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Nov 6, 2024 | Listed by Thank You Heroes Realty | $520,000 | |
| Listed by Thank You Heroes Realty | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Assigned
Garage Spaces: 1
Open Parking Spaces: 1
Garage Spaces: 1
Total Garage and Parking Spaces: 2
Interior Details
Bedrooms: 3
Full Bathrooms: 2
Half Bathrooms: 1
Levels: Two
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Living Area Square Feet Source: PublicRecords
Laundry Features: See Remarks, Upper Level
Has Fireplace
Living Room
Exterior Details
Year Built: 1986
Parcel Number: 5861905201
Home Type: Residential
Roof: Shingle
Construction Materials: Stucco
Pool Features: Community, In Ground
Lot Size Source: Assessor
Lot Size Acres: 16.6697
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Fireplaces, See Remarks
Location Details
Association Amenities: Insurance, Trash, Water
Association Fee: $585
Association Fee Frequency: Monthly
Community Features: Pool
Subdivision: Spring Valley
Subdivision Name: Spring Valley
Directions: GPS Cross Street: Arran Ave.
Other Details
Listing Terms: Cash, Conventional, VaLoan
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/06/2024
| |
3 Bed
|
3 Bath
|
1226 ft²
|
$520,000
3 Bed
3 Bath
1226 ft²
|
$558,500
+7.40%
01/20/2025
|
Lynn Fixter
Thank You Heroes Realty
|
|
12/02/2019
| |
3 Bed
|
3 Bath
|
1226 ft²
|
$369,000
3 Bed
3 Bath
1226 ft²
|
-
-
|
-
|
Building Info
8775 Spring Canyon Drive
8775 Spring Canyon Drive, Spring Valley, CA 91977
- 1 Unit for Sale
About La Presa
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Listed by: Amra Munsch, Thank You Heroes Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240026234SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240026234SD
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