$794,000
●
House -
Off Market
8920 Gramercy Drive
San Diego, CA 92123
3 Beds
2 Baths
1,056 Ft²
$4,051
Est. Monthly
About This Property
Welcome to this 3-bedroom, 2-bath home, offering 1,056 sq/ft of
endless possibilities and a huge backyard right in the heart of
Serra Mesa. Perfectly situated near Mission Valley, Fashion Valley,
Snapdragon Stadium, shopping, stunning beaches, and easy access to
the 8, the 15, and the 805 freeways, this home provides effortless
access to entertainment, recreation, and everything San Diego has
to offer. Tucked away in a serene, family friendly community, just
a few short blocks from both Elementary and Middle schools, it's
ideal for those seeking tranquility without sacrificing the
convenience of nearby city amenities. Imagine the potential to
craft your dream home in one of San Diego's most coveted locations!
Unit Size
1,056 Ft²
Days on Market
53 days
Land Size
0.15 acres
Price per sqft
$781
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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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 (SDMLS #NDP2409501)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 24, 2024 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Relisted | $825,000 | |
| Relisted | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by Real Broker | $825,000 | |
| Listed by Real Broker | |||
| | |||
|
Welcome to this 3-bedroom, 2-bath home, offering 1,056 sq/ft of endless possibilities and a huge backyard right in the heart of Serra Mesa. Perfectly situated near Mission Valley, Fashion Valley, Snapdragon Stadium, shopping, stunning beaches, and easy access to the 8, the 15, and the 805 freeways, this home provides effortless access to entertainment, recreation, and everything San Diego has to offer. Tucked away in a serene, family friendly community, just a few short blocks from both Elementary and Middle schools, it’s ideal for those seeking tranquility without sacrificing the convenience of nearby city amenities. Imagine the potential to craft your dream home in one of San Diego's most coveted locations!
| |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
Beds
Baths
ft²
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Closing Price
Sold On
Sold On
HOA + Taxes
About Eastern San Diego
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Listed by: David Butler, Real Broker
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2409501
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2409501
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