$572,000
●
House -
Off Market
9245 Madison Ave
La Mesa, CA 91941
3 Beds
2 Baths
1,583 Ft²
$964,113
RealtyHop Estimate
57.53%
Since Oct 1, 2019
CA-San Diego
Primary Model
About This Property
PRICED FOR QUICK SALE! This Mid-Century Modern home in the
foothills of Mt. Helix is awaiting your finishing touches. Wood
beamed vaulted ceilings, dual-paned windows & doors, wood fencing &
paver patio. Dramatic fireplace with raised flagstone hearth, brick
wall & metal surround anchors the spacious family room, which opens
up to an enclosed front deck & paver patio. Expansive lot would be
perfect for an ADU and has mature fruit trees (Fuerte avocado, 2
macadamia nut, 3 citrus). Won't last long! Neighborhoods: Mt Helix
Foothills Equipment: Shed(s) Other Fees: 0 Sewer: Sewer
Connected Topography: LL,GSL
Unit Size
1,583 Ft²
Days on Market
36 days
Land Size
0.28 acres
Price per sqft
$387
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #190043351)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 10, 2019 | Sold | ||
| Sold | |||
| Aug 5, 2019 | Listed by Aperture Real Estate Services | $612,000 | |
| Listed by Aperture Real Estate Services | |||
| Jan 31, 2013 | Sold | ||
| Sold | |||
| Aug 23, 2012 | Listed by Kevin Sheedy Realty | $414,900 | |
| Listed by Kevin Sheedy Realty | |||
 | |||
|
3 Br, 2 Ba Cabin Retreat in Mt. Helix Foothills on .28 Acre Lot. Home is open and spacious, has a wood burning fireplace w/brick surround and flagstone hearth in living room, glass windows and doors from living room overlooking large private courtyard w/mature high-producing avocado tree and landscaping. Kitchen is remodeled w/newer cabinets, corian countertops, & a breakfast bar. Home features central heat and air, vaulted ceilings, laundry room, most dual-paned windows & doors, and faux wood blinds. Equipment: Range/Oven Other Fees: 0 Topography: LL,GSL
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Property Highlights
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: Nicole Nevin, Aperture Real Estate Services
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190043351
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190043351
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