$588,000
●
House -
Off Market
8830 Fabienne Way
La Mesa, CA 91941
5 Beds
3 Baths
1,707 Ft²
$959,906
RealtyHop Estimate
60.52%
Since Apr 1, 2019
CA-San Diego
Primary Model
About This Property
Step into this move-in ready single story home on a quiet
cul-de-sac street with a white picket fence and you'll immediately
feel at home! The large living room surrounds a classic brick
fireplace, hardwood floors adorn the living space as well as four
of the five bedrooms, dual-pane windows and a tank-less water
heater help energy efficiency, there is a large rear addition which
can serve as a bedroom, family room or home office with vaulted
ceilings, exposed wood beams and a separate side entrance.
You'll be hard-pressed to find a more idyllic setting. The
old growth foliage of the neighborhood makes it feel like you're in
the country but the home sits just a mile from the center of
downtown La Mesa with its restaurants and shops, the trolley
station, Sprouts, Collier Park and easy freeway access. Come take a
look at this home soon and find out why almost all the other
neighbors have remained on this street for decades..
Neighborhoods: Panorama Vista Other Fees: 0 Sewer:
Sewer Connected Topography: LL,GSL
Unit Size
1,707 Ft²
Days on Market
31 days
Land Size
0.14 acres
Price per sqft
$350
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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 #190009065)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 19, 2019 | Sold | ||
| Sold | |||
| Feb 16, 2019 | Listed by Compass | $598,000 | |
| Listed by Compass | |||
| Jan 4, 2019 | No longer available | - | |
| No longer available | |||
| Dec 5, 2018 | Listed | $619,900 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 1707 square feet.
| |||
Property Highlights
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: Jared Nelson, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009065
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190009065
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