$480,000
●
House -
Off Market
9361 Lamar St
Spring Valley, CA 91977
3 Beds
2 Baths
1,196 Ft²
$786,086
RealtyHop Estimate
57.22%
Since Aug 1, 2019
CA-San Diego
Primary Model
About This Property
Entertaining Offers Between $450,000 - $500,000!! Wonderfully
maintained, This home has EVERYTHING you have been looking for at
an AFFORDABLE PRICE! Inviting Front Porch, Hardwood and Tile
Flooring, Brick Fireplace, Ceiling Fans, Recessed Lighting, Tons of
Storage, Covered Patio, Mature Trees Offering Privacy Extra Large
Garage & Deluxe Storage Shed that could be used as a Workshop or
Artist Studio The Absolute Perfect Space for the Outdoor
Enthusiast! Store your RV, Boat, ATVs and MORE!! Neighborhoods:
Spring valley Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,196 Ft²
Days on Market
42 days
Land Size
0.28 acres
Price per sqft
$418
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1957
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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: 5 months ago (SDMLS #190029501)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 12, 2021 | In contract | - | |
| In contract | |||
| May 3, 2021 | Listed | $560,000 | |
| Listed | |||
| | |||
|
Picture yourself living in the heart of Spring Valley in a home that has just what you are looking for! This charming, inviting 3 bedroom 2 bathroom home with a friendly front porch, has hardwood and tile flooring throughout, newer roof, fresh interior paint, trendy fireplace, ceiling fans, tons of storage, covered patio, backyard with tons of potential and updated stainless steel appliances. The spacious garage and deluxe storage shed provide optimal space for a workshop or studio, space for your RV, boat and more! The manager has listed the unit size as 1196 square feet.
| |||
| Jul 11, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Coldwell Banker West | $500,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Spring Valley
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Listed by: Yvonne Cromer, Coldwell Banker West
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190029501
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190029501
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