$782,000
●
House -
Off Market
9884 Bright Street
Spring Valley, CA 91977
3 Beds
2 Baths
1,542 Ft²
$820,678
RealtyHop Estimate
7.28%
Since Nov 1, 2022
CA-San Diego
Primary Model
About This Property
This home has it all! This newly remodeled turn-key home on a large
lot with low maintenance front and rear yards, enjoys gorgeous
views of Mount Helix, and is the perfect space for entertaining
guests. This three bedroom, two bathroom home has an open floor
plan and benefits from an attached two car garage with indoor
laundry. A new and durable epoxy coated garage floor has the look
of elegance while maintaining maximum floor protection. New luxury
vinyl plank flooring throughout the entire home, updated cabinets
and new granite countertops in the kitchen, and fresh paint make
this home feel brand new. The primary bedroom is nicely separated
from the other two bedrooms allowing for ample privacy. A fireplace
adds warmth and ambiance to the living room. This is the perfect
home to add a detached Accessory Dwelling Unit, with easy driveway
access to the lower portion of the property from either side of
home to a large graded rear pad. Enjoy gorgeous sunsets every night
from the spacious and low maintenance rear patio surrounded by new
artificial turf, landscaping, and raised garden beds.
Unit Size
1,542 Ft²
Days on Market
48 days
Land Size
0.39 acres
Price per sqft
$496
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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: 12 months ago (SDMLS #PTP2206027)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2022 | Sold | ||
| Sold | |||
| Aug 30, 2022 | Listed by Fathom Realty Group | $765,000 | |
| Listed by Fathom Realty Group | |||
Property Highlights
Garage
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: Zachary Svelling, Fathom Realty Group
Last Updated: 12 months ago
Data Source: CRMLS, MLS# PTP2206027
Last Updated: 12 months ago
Data Source: CRMLS, MLS# PTP2206027
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