$504,000
●
House -
Off Market
10046 Gem Tree Way
Santee, CA 92071
4 Beds
2 Baths,
1
Half Bath
2,161 Ft²
$1,014,763
RealtyHop Estimate
103.36%
Since Aug 1, 2014
CA-San Diego
Primary Model
About This Property
Beautiful home with a king-size master as well as a 2nd very large
bedroom, both featuring bay windows. Bedrooms of this size are not
typical for the neighborhood. Great home for a family seeking a
pool and spa in the private rear yard. Deck from the 2nd story
master bedroom leads down to the pool. Property has a new
dishwasher, some dual pane windows, whole house fan, central A/C,
den, formal dining room, and a breakfast nook. Room for a boat or
other recreational vehicle on the northern side. Neighborhoods:
Woodglen Equipment: Garage Door Opener,Pool/Spa/Equipment,
Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography:
LL
Unit Size
2,161 Ft²
Days on Market
58 days
Land Size
0.14 acres
Price per sqft
$231
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1971
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #140028082)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2022 | No longer available | - | |
| No longer available | |||
| Jun 27, 2022 | In contract | - | |
| In contract | |||
| Jun 18, 2022 | Price Decreased |
$899,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Jun 17, 2022 | Price Decreased |
$919,000
↓ $900
(0.1%) | |
| Price Decreased | |||
| Jun 12, 2022 | Price Decreased |
$919,900
↓ $100
(0%) | |
| Price Decreased | |||
Show More
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 Santee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Marty Orgel, Orgel Realty & Mortgage Co
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140028082
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140028082
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