1938 Rue Michelle

East Lake I, San Diego, CA · 4 days on market · View on Zillow

1938 Rue Michelle

$800K somewhere else buys…

4 bedrooms · 2 baths · 1,673 sqft

Built 1987 · 2 Garage spaces · Pool · $478/sqft (city median $715)

BEAUTIFUL HOME BRING YOUR PICKY BUYER, Gorgeous remodeled kitchen with stainless steel appliances, granite counters and dark wood cabinets. Nice center Island. Beautiful lighting through the home. Fireplace in family room. Large and open bedrooms with lots of natural light, spacious bathrooms one with granite counter top and dark wood cabinetry.

What this place offers

  • Private pool
  • Heating: Forced Air Unit
  • Cooling: Central Forced Air
  • 2 Garage spaces
  • Garage
  • Top school rating 9/10 nearby
  • HOA $110 monthly

The numbers

$9K/yr

Property tax (actual rate)

$3K/yr

Insurance (quoted)

Price history

2002$305,000
2011$362,500
2013$455,000
2026 (asking)$799,900

Up 162% since 2002

$799,900

Down payment20% · $159,980
%
Mortgage (principal + interest)$4,003
Property tax$780
Home insurance$240
HOA / maintenance$110
All-in monthly$5,133/mo

You'd need about $219,969/yr in household income (28% rule) plus $159,980 in cash.

Would rent for ~$4,354/mo · 6.5% gross yield

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