$410,000
●
House -
Off Market
8911 Spring Place
Spring Valley, CA 91977
3 Beds
2 Baths
1,370 Ft²
$760,736
RealtyHop Estimate
81.17%
Since Oct 1, 2016
CA-San Diego
Primary Model
About This Property
Hilltop Cottage!!! Absolutely delightful, warm and inviting home at
the top of a private drive.....Relax in your spa while you
take in the amazing view of the valley, mountains and evening
lights. This home has been lovingly cared for and is move-in
ready! Enter through the flagstone walkway into your great
room, with the vaulted ceilings and freshly refinished hardwood
floors. An inviting fireplace greets you while dual-pane
windows continue to reveal the gorgeous view! (Continued)
Neighborhoods: Casa De Oro Equipment: Pool/Spa/Equipment,
Range/Oven, Shed(s) Other Fees: 0 Sewer: Sewer Connected
Topography: GSL
Unit Size
1,370 Ft²
Days on Market
51 days
Land Size
-
Price per sqft
$307
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 #160038565)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2020 | Sold | ||
| Sold | |||
| Apr 19, 2020 | Listed by Realty National, Inc. | $499,000 | |
| Listed by Realty National, Inc. | |||
 | |||
|
Hilltop cottage!!! Absolutely delightful, warm and inviting home at the top of a private drive... Relax on your oversized deck while you take in the panoramic mountain views. This home has been well-cared for and is move-in ready! Features include a flagstone walkway onto your oversized deck/patio, great room with fireplace & vaulted ceilings. Fresh paint throughout, refinished hardwood floors, remodeled bathrooms & so much more. Quick access to freeways & shopping. FHA & VA welcome. Won't last long! Enjoy a cup of coffee and the morning mountain views in your spacious country kitchen with a breakfast nook and optional island. Right next to that is a separate extra room which can serve as an optional bedroom, office or workout room. A separate pantry and laundry room is conveniently located just off the kitchen area. Bathrooms are updated and GORGEOUS. The master bedroom has beautiful dark wood flooring. Fresh paint, dual pane windows, air conditioned. New roof installed in 2016. This home reflects great pride of ownership. Your client will fall in love!. Neighborhoods: Casa De Oro Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: SSLP
| |||
| Sep 1, 2016 | Sold | ||
| Sold | |||
| Jul 12, 2016 | Listed by Realty Source Inc | $419,900 | |
| Listed by Realty Source Inc | |||
Property Highlights
Parking Available
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 Spring Valley
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Listed by: Marina Romeri, Realty Source Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160038565
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160038565
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