$455,000
●
House -
Off Market
8948 Switzer
Spring Valley, CA 91977
3 Beds
2 Baths
2,141 Ft²
$876,262
RealtyHop Estimate
86.84%
Since Mar 1, 2016
CA-San Diego
Primary Model
About This Property
Newly renovated home on a cul de sac. Spacious living area, perfect
for entertaining. Large granite bar countertop to sit and chat. Be
sure to notice the high end down draft convection oven/range to
whip together a gourmet feast! Large master bedroom includes
a walk-in closet. Outside is a new roof, plenty of parking space
for an RV, boats, or other toys. The lot is over 9000 square feet
and most of it is a blank canvas, roomy enough for a pool or
another building. Easy access to the 94 & 54 highways.
Neighborhoods: Spring Valley Gardens Equipment: Garage Door Opener,
Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography:
LL
Unit Size
2,141 Ft²
Days on Market
49 days
Land Size
0.22 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 #150065161)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2016 | Sold | ||
| Sold | |||
| Dec 17, 2015 | Listed by Realty Enterprise | $469,000 | |
| Listed by Realty Enterprise | |||
| Sep 24, 2015 | Sold | ||
| Sold | |||
| Sep 1, 2015 | Listed by BHGRE McMillin Realty | $349,000 | |
| Listed by BHGRE McMillin Realty | |||
| | |||
|
Diamond in the Rough. Home needs lots of work and TLC. Sold in "AS-IS" condition, seller will not do repairs. CASH ONLY DUE TO CONDITION OF HOME. Located on a cul-de-sac with easy access to the 94 & 54. Large lot. Neighborhoods: Spring Valley Gardens Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
Property Highlights
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: Joel Kinong, Realty Enterprise
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150065161
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150065161
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