$590,000
●
House -
Off Market
8976 Rover St.
Spring Valley, CA 91977
3 Beds
2 Baths
1,196 Ft²
$2,824
Est. Monthly
About This Property
Investor's Special with Endless Potential! This charming
single-story home is a fantastic opportunity for investors or
buyers looking to personalize this cosmetic fixer. Located at
the end of a cul-de-sac, this property shares a lot line with only
one neighbor and features views from the backyard that overlooks a
commercial nursery. This was built as a 4-bedroom, but one
bedroom was converted into an office after the closet space was
repurposed to enlarge the hall bathroom. Newer updates to the
home include newer windows (2011), newer LVP floors in the living
and dining rooms (2019) and newer furnace, while the roof was
replaced in 2005. Laundry hook-ups are in the garage.
Bancroft Elementary school is just a short walk around the
corner.
Unit Size
1,196 Ft²
Days on Market
21 days
Land Size
0.14 acres
Price per sqft
$481
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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 #250035419SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Aug 11, 2025 | In contract | - | |
| In contract | |||
| Aug 5, 2025 | Listed by Redfin Corporation | $575,000 | |
| Listed by Redfin Corporation | |||
Property Highlights
Garage
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 Presa
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Listed by: Stacey Studebaker, Redfin Corporation
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250035419SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250035419SD
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