$544,000
●
House -
Off Market
9055 Mollywoods Avenue
La Mesa, CA 91941
3 Beds
3 Baths
1,922 Ft²
$1,176,749
RealtyHop Estimate
103.59%
Since Jun 1, 2014
CA-San Diego
Primary Model
About This Property
Completely remodeled Ranch style with 3 bedrooms, 3 baths with
beautiful hardwood floors and several skylights. Family room
fireplace, wet bar, recessed lighting, crown molding, and
Plantation shutters. Large formal dining room and spacious eat-in
kitchen and breakfast bar. Solar Electrical, Solar Lap pool and
Solar Water heater. Goodbye Electric Bill! Fantastic 900 sq. ft. RV
garage and workshop. Upgraded 200 AMP Electrical, recirculating hot
water, dual pane windows, R-30 insulation. Fantastic!
Neighborhoods: Mt. Helix Equipment: Garage Door
Opener,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,922 Ft²
Days on Market
126 days
Land Size
0.53 acres
Price per sqft
$301
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 5 months ago (SDMLS #140004516)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 25, 2021 | No longer available | - | |
| No longer available | |||
| Jun 3, 2021 | Price Decreased |
$1,185,000
↓ $65K
(5.2%) | |
| Price Decreased | |||
| May 20, 2021 | Listed | $1,250,000 | |
| Listed | |||
| | |||
|
This custom home has many upgrades and improvements throughout. It sits on just over a half-acre lot, features a fully landscaped yard perfect for entertaining, a detached garage with workshop and RV parking/ hookups, a saltwater heated pool, spa hot-tub, a fully owned solar system, 200 amp panel, lots of off-street parking, a custom bocce ball court, and much more. The interior of the home has just as much to offer including 3 bedrooms, 3 full bathrooms, an open kitchen with maple cabinets and ceramic tile flooring, a large family room with fireplace and full wet bar, solar-assist water heater with dual timers, whole house water softener/ filtration system, a whole house fan, and dual pane windows with plantation shutters. The home was just starting plans for an outdoor kitchen and has extended the patio space and has installed a wood burning pizza oven. The manager has listed the unit size as 1922 square feet.
| |||
| May 30, 2014 | Sold | ||
| Sold | |||
| Jan 24, 2014 | Listed by Keller Williams Realty | $578,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About La Mesa
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Listed by: Bob Blessing, Keller Williams Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140004516
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 140004516
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