$665,000
●
House -
Off Market
9008 Terrace Drive
La Mesa, CA 91941
3 Beds
3 Baths
3,110 Ft²
$1,085,905
RealtyHop Estimate
64.53%
Since Jan 1, 2019
CA-San Diego
Primary Model
About This Property
SIGNIFICANT PRICE REDUCTION - MUST CLOSE PRIOR TO JAN 1ST - SELLER
WILL CONSIDER OFFERS $640,000 - $660,000. A sanctuary of peace &
privacy. Perfectly placed upon the hills of LA MESA with beautiful
views overlooking the mountains, this immaculately maintained
residence boasts an abundance of natural light & space as well as a
variety of living/dining options. Large living & family rooms,
spacious kitchen with breakfast bar. Practical floor plan. THIS
PRICE IS ONLY AVAILABLE IN DEC 2018. See sup remarks:
Stunning private master bedroom with sitting area, en-suite,
walk-in wardrobe & patio with automatic screens & views. Good size
bedrooms, two with en-suites. Sun-drenched courtyard with garden
area, ample grounds for fruit trees, separate workshop/storage
room, ducted AC / Heating throughout, a 4th bedroom could easily be
created. Two separate garages, additional parking. A quality
property ideally located within moments to Eucalyptus County Park,
Grossmont Center and freeways. CONTACT BRENT FOSTER TO ARRANGE TO
VIEW.. Neighborhoods: FOOTHILLS OF LA MESA Equipment:
Dryer,Garage Door Opener, Shed(s), Washer Other Fees: 0
Sewer: Sewer Connected
Unit Size
3,110 Ft²
Days on Market
51 days
Land Size
0.96 acres
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1972
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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 #180060581)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2018 | Sold | ||
| Sold | |||
| Oct 30, 2018 | Listed by Pacific Sotheby's Int'l Realty | $660,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
| Sep 7, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $799,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 3110 square feet.
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Sold On
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HOA + Taxes
About La Mesa
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Listed by: Brent Foster, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180060581
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180060581
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