$290,000
●
Condo -
Off Market
8980 Lamar #21
Spring Valley, CA 91977
3 Beds
2 Baths,
1
Half Bath
1,182 Ft²
$548,131
RealtyHop Estimate
91.99%
Since Aug 1, 2015
CA-San Diego
Primary Model
About This Property
Stunning Remodel! This gorgeous end unit, town home has new
distressed wood laminate floors, fresh paint, new carpet upstairs,
new cabinets and granite throughout! Stainless steel appliances.
Powder room down 3 bedrooms and 2 baths upstairs.Spacious
private backyard for gardening, BBQ's and family fun! 2 car direct
access garage has W/D Hook-Ups. Only 22 homes in this quiet gated
community. Great Freeway access & minutes from shopping,
restaurants & all! Beautiful move-in condition, VA approved
complex. Neighborhoods: Spring Valley Equipment: Garage Door
Opener, Range/Oven Other Fees: 0 Sewer: Sewer Available
Topography: LL
Unit Size
1,182 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$242
Property Type
Condo
Property Taxes
-
HOA Dues
$272
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Income Per Year
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Operating Profit Per Year
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 #150034902)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2018 | Sold | ||
| Sold | |||
| Jul 16, 2018 | Listed by eXp Realty of California Inc | $389,900 | |
| Listed by eXp Realty of California Inc | |||
 | |||
|
All of the highly desired features of a detached house without any of the headache! This 3 bedroom, 2.5 bath townhome in a beautiful gated community checks all the boxes. The downstairs boasts an open floor plan, laminate flooring, crown molding, an upgraded kitchen, walk-in pantry, breakfast bar and designated dining area. Walk out the sliding glass door into your private backyard retreat with over $20k in upgrades, orange, lemon, and lime trees - perfect for entertaining! Neighborhoods: Spring Valley Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Jul 30, 2015 | Sold | ||
| Sold | |||
| Jun 25, 2015 | Listed by Berkshire Hathaway HomeService | $285,500 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Laminate, Tile
Laundry Features: Gas Dryer Hookup, In Garage
Exterior Details
Has Property Attached
Square Footage: 1182
Year Built: 1990
Levels: Two
Construction Materials: Stone, Stucco
Pool Features: None
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA Fee: $272
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/18/2026
|
3 Bed
|
2 Bath
|
1182 ft²
|
$585,000
3 Bed
2 Bath
1182 ft²
|
$595,000
+1.71%
09/16/2026
|
Sergio Pena
Coldwell Banker West
| |
|
07/10/2025
|
3 Bed
|
2 Bath
|
1182 ft²
|
$559,999
3 Bed
2 Bath
1182 ft²
|
$550,000
-1.79%
08/15/2025
|
Tarven Zaki
Keller Williams Realty
| |
|
12/01/2022
|
3 Bed
|
2 Bath
|
1182 ft²
|
$525,000
3 Bed
2 Bath
1182 ft²
|
$535,000
+1.90%
01/11/2023
|
Gigi Chan
Keller Williams Realty
| |
|
11/01/2021
|
3 Bed
|
3 Bath
|
1182 ft²
|
$515,000
3 Bed
3 Bath
1182 ft²
|
-
-
|
Ronald Navalta
eXp Realty of California Inc
| |
|
07/11/2021
|
3 Bed
|
3 Bath
|
1182 ft²
|
$515,000
3 Bed
3 Bath
1182 ft²
|
-
-
|
Jenny Becasen
FOSTER HAMILTON Real Estate Co
| |
|
07/16/2018
|
3 Bed
|
2 Bath
|
1182 ft²
|
$389,900
3 Bed
2 Bath
1182 ft²
|
$400,000
+2.59%
08/28/2018
|
TJ Kirchoff
Wannebo Real Estate Group
| |
|
02/08/2018
|
3 Bed
|
2 Bath
|
1182 ft²
|
$399,000
3 Bed
2 Bath
1182 ft²
|
$390,000
-2.26%
03/19/2018
|
Cathy Palme
Berkshire Hathaway HomeServices California Properties
| |
|
04/04/2017
|
3 Bed
|
2 Bath
|
1182 ft²
|
$349,900
3 Bed
2 Bath
1182 ft²
|
$350,000
+0.03%
04/28/2017
|
Steven Darling
OnQu Realty
| |
|
06/25/2015
|
3 Bed
|
2 Bath
|
1182 ft²
|
$285,500
3 Bed
2 Bath
1182 ft²
|
$290,000
+1.58%
07/30/2015
|
Chris Gorno
Windermere Real Estate SoCal
| |
|
12/09/2014
|
3 Bed
|
2 Bath
|
1182 ft²
|
$269,000
3 Bed
2 Bath
1182 ft²
|
$272,000
+1.12%
03/20/2015
|
Chris Gorno
Windermere Real Estate SoCal
| |
|
07/25/2014
|
3 Bed
|
2 Bath
|
1182 ft²
|
$269,900
3 Bed
2 Bath
1182 ft²
|
$269,000
-0.33%
10/03/2014
|
Ruth Pugh
Real Broker
| |
|
03/24/2014
|
3 Bed
|
2 Bath
|
1182 ft²
|
$215,000
3 Bed
2 Bath
1182 ft²
|
$215,000
06/20/2014
|
Judy Ames Stephens
Keller Williams SD Metro
|
Building Info
About Spring Valley
Similar Homes for Sale
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Listed by: Chris Gorno, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150034902
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150034902
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