$469,000
●
House -
Off Market
9314 Madison Avenue
La Mesa, CA 91941
3 Beds
2 Baths
1,482 Ft²
$1,116,277
RealtyHop Estimate
137.51%
Since Apr 1, 2013
CA-San Diego
Primary Model
About This Property
PEND before processing. Spectacular hideaway, tucked in base of Mt
Helix. Exquisite presentation - both interior and exterior. Home
has been meticulously cared for. The MidCentury comes alive with a
floorplan that is both asthetically pleasing and functionally
efficient. Home features a beautiful kitchen, A/C, entertainer's
backyard, extra storage rooms, low maintenance and irrigation
landscape, newer roof. Wonderful patio family room not included in
SF. Neighborhoods: Mount Helix Equipment: Range/Oven Other
Fees: 0 Sewer: Sewer Connected
Unit Size
1,482 Ft²
Days on Market
25 days
Land Size
0.30 acres
Price per sqft
$317
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: 4 months ago (SDMLS #130007943)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 2, 2020 | Sold | ||
| Sold | |||
| Feb 14, 2020 | Listed by Coldwell Banker West | $725,000 | |
| Listed by Coldwell Banker West | |||
| | |||
|
{OFFERED FOR $699 - $725} This home checks all the boxes! Private drive on a dead-end street in the coveted Mt. Helix area! Rare mid-century modern with all the charm, solar system, outdoor entertaining, and low maintenance landscaping. Bright and airy living room has skylights, custom built-ins, wainscoting, large sliders, and a fireplace. 3 Large bedrooms with expansive and functional closet space. Hardwood flooring throughout and 600sf bonus room! Sf reflects 1482sf + 600 unpermitted sf. The location is everything! Conveniently located close to all the major freeways. Incredibly nice neighbors, all with pride of ownership! The mid century charm is almost to much to take in - stylish and fun, this home is going to sell fast! Eleven 300 W solar panels, Installed in 2019. Neighborhoods: La Mesa Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
| Mar 11, 2013 | Sold | ||
| Sold | |||
| Feb 14, 2013 | Listed by Ascent Real Estate, Inc | $470,000 | |
| Listed by Ascent Real Estate, Inc | |||
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
Status
Type
Beds
Baths
ft²
Price/ft²
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Closing Price
Sold On
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HOA + Taxes
About La Mesa
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Listed by: Ken Pecus, Ascent Real Estate, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130007943
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130007943
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