$435,000
●
House -
Off Market
9268 Lamar St
Spring Valley, CA 91977
2 Beds
2 Baths
1,033 Ft²
$719,700
RealtyHop Estimate
67.76%
Since Oct 1, 2017
CA-San Diego
Primary Model
About This Property
Charming move in ready home on large 1/4 acre lot! Entertain
outdoors w/ spacious custom built front porch, rear deck w/ fire
pits, sitting areas! Kitchen features granite counters, soft-close
cabinets, SS appliances! Laminate flooring, dual pane windows,
ceiling fans in all rooms, central AC, laundry room, newer roof,
gated entry, tons of parking, room for boat-RV! Huge 1,000 sqft
permitted detached garage w/ water/gas/electricity already in can
be living space, workshop, man cave, storage for your toys!
Neighborhoods: Spring Valley Equipment: Dryer, Range/Oven,
Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,033 Ft²
Days on Market
56 days
Land Size
0.26 acres
Price per sqft
$415
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 #170040045)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jun 28, 2024 | Listed by Keller Williams Realty | $699,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Bring Your Toys… This updated gem sits on a huge flat lot and features a MASSIVE garage approximately 1,000 square feet. Perfect for RVs, boats, or Might be a 2 on1 opportunity! Terrific Kitchen: Granite countertops, stainless steel appliances. In-Home Laundry Room: Charming Covered Porch: Perfect for relaxing. Amazing Back Patio: Ideal for seamless indoor/outdoor living. Fully Fenced Property: Secure and private. Plenty of Space. This home offers ample room for all your hobbies and adventures.
| |||
| Sep 25, 2017 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed by Encompass Realty Services | $429,000 | |
| Listed by Encompass Realty Services | |||
| Feb 5, 2015 | Sold | ||
| Sold | |||
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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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About Spring Valley
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Listed by: Matthew Simila, Encompass Realty Services
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170040045
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170040045
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