$543,000
●
House -
Off Market
9349 Lamar Street
Spring Valley, CA 91977
3 Beds
2 Baths,
1
Half Bath
1,800 Ft²
$874,639
RealtyHop Estimate
59.03%
Since May 1, 2019
CA-San Diego
Primary Model
About This Property
Nestled on nearly third of an acre off a private drive in Spring
Valley is this 3BR/2.5BA home. The two-story floor plan
offers a pleasing balance of architecture and functional
livability. Soaring cathedral ceilings, with a rosette
window, in the living room and dining area bring a dramatic effect
while providing natural light. The eat-in kitchen with
breakfast area has access to the back yard with sparkling pool and
spa making entertaining al fresco an easy task. Another
thoughtful floor plan feature is the accessibility and separation
of the ground level master bedroom with sliding glass doors leading
to the back yard and pool/spa. All auxiliary bedrooms are
located on the second level along with two of the bathrooms.
Other special features include: air conditioning, a finished
2-car garage, onsite RV/boat parking, leased solar panels, and the
fabulous grounds featuring low-maintenance terraced landscaping..
Neighborhoods: La Mesa Country Club Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,800 Ft²
Days on Market
97 days
Land Size
0.31 acres
Price per sqft
$306
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991
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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 #190004275)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2019 | Sold | ||
| Sold | |||
| Jan 22, 2019 | Listed by Keller Williams SD Metro | $550,000 | |
| Listed by Keller Williams SD Metro | |||
| Aug 10, 2015 | Sold | ||
| Sold | |||
| May 5, 2015 | Listed by Home Buyers Marketing II, Inc. | $430,000 | |
| Listed by Home Buyers Marketing II, Inc. | |||
| | |||
|
Gorgeous home on private drive off Lamar Street w/swimming pool/spa on large lot! Master Bedroom located downstairs with access to back yard/pool area. Vaulted ceiling in LR/Dining area for a grand feel with great light. RV/Boat gated parking onsite for recreational fun, low maintenance landscaping on beautiful/professionally cared grounds/exterior. Home has been well maintained, inside and out! AC/Central Heat, double paned windows, freshly painted and very clean. All appliances convey. WOW! Neighborhoods: La Mesa Country Club Equipment: Dryer,Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Washer 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
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Spring Valley
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Vicente Enriquez, Keller Williams SD Metro
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190004275
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190004275
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