$525,000
●
House -
Off Market
9230 Colorama Way
Lakeside, CA 92040
4 Beds
2 Baths
2,018 Ft²
$836,331
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
YOUR SEARCH IS OVER: Large- updated- move in ready- single
story home on 1/3 flat acre. Original red oak floors (resurfaced),
new paint, no popcorn ceilings, new vanities, most windows are dual
pane, ceiling fans, 2 fireplaces, new patio cover, working bbq, a/c
and heat, new custom rod iron fencing installed on front exterior,
tons of RV & boat parking, fruit trees, sheds, large workshop.
Great for growing family. Animals and chickens welcome
Neighborhoods: Lake View Equipment: Dryer, Shed(s), Washer
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
2,018 Ft²
Days on Market
67 days
Land Size
0.37 acres
Price per sqft
$270
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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 #180008245)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 23, 2018 | Sold | ||
| Sold | |||
| Feb 15, 2018 | Listed by Berkshire Hathaway HomeService | $545,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Aug 19, 2016 | Sold | ||
| Sold | |||
| Jul 15, 2016 | Listed by Douglas Elliman of California | $424,000 | |
| Listed by Douglas Elliman of California | |||
 | |||
|
ingle Level home on private street in Lakeside situated on over-sized lot with room for RV & Toys. Garage converted to Game Room/2nd Master Bedroom or ???. Great fixer opportunity. Bring your ideas, this home has lots of potential. Close to schools, freeway & shopping. Neighborhoods: Lake View Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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About Lakeside
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Listed by: Lorelei Nielsen, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180008245
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180008245
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