9431 Hilmer
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2025 | Listed | $1,150,000 | |
| Listed | |||
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Living the California dream is what this home is all about. This mid-century modern gem is absolutely stunning, set on a palm tree–lined street that perfectly frames endless summer poolside gatherings and the quintessential indoor-outdoor SoCal lifestyle. Step through the front door into a beautifully reimagined interior where modern design meets retro charm. The kitchen was fully gutted and redesigned by a high-end kitchen designer, featuring custom cabinetry, premium surfaces, and top-tier appliances. The flow from the kitchen to the outdoor entertaining area creates the perfect setting for hosting friends and family. The pool deck was recently resurfaced with natural stone tile, offering a resort-like feel right at home. Major upgrades have already been taken care of for you, including a new roof, energy-efficient dual-pane windows, a relined and descaled sewer line, and a new tankless water heater that provides endless hot water. With three bedrooms, two bathrooms, 1,716 square feet of living space, and a two-car garage, this home blends timeless style with modern comfort. Its easy indoor-outdoor connection, classic mid-century architecture, and thoughtful upgrades make it a rare find that truly captures the spirit of Southern California living. Located in the heart of La Mesa, it’s the perfect place to relax, entertain, and make lasting memories.
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| May 8, 2020 | Sold | ||
| Sold | |||
| Apr 1, 2020 | Listed by Coldwell Banker West | $639,000 | |
| Listed by Coldwell Banker West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017