$565,000
●
Condo -
Off Market
10220 Palm Glen Drive #83
Santee, CA 92071
3 Beds
2 Baths,
1
Half Bath
1,247 Ft²
$3,251
Est. Monthly
$550
HOA / Fees
8.35%
Cap Rate
About This Property
Rarely available and highly desirable community! 3 bedroom, 2 1/2
bath, 1,247 Square Feet - Magnolia Lakes Townhome. Feels just
like a single family with a small yard, full size laundry room and
attached one care garage. Great size kitchen with separate
dining area. Family room with half bath and cozy fireplace.
Upstairs you will find a large primary suite with vaulted
ceilings and tons of light. Two good size additional bedrooms
and another full bathroom with tub and shower. No one above
or below you. The pool and relaxing water feature is located right
outside your unit. Everyday convenience in a location that rarely
becomes available. This is a very well cared for complex
close to Santee Sportsplex, Santana High School, Hillcreek K-8.
The complex offers plenty of visitor parking. This one is
priced to sell! Don't miss your opportunity to make this beautiful
home yours. FHA/VA ok!
Unit Size
1,247 Ft²
Days on Market
27 days
Land Size
4.93 acres
Price per sqft
$441
Property Type
Condo
Property Taxes
-
HOA Dues
$550
Year Built
-
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Cap Rate Calculator
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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: 6 months ago (SDMLS #PTP2602588)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Steele Canyon Realty | $550,000 | |
| Listed by Steele Canyon Realty | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: PrimarySuite
Flooring Type: Carpet, Vinyl
Laundry Features: Laundry Room
Has Fireplace
Fireplace Features: Gas
Exterior Details
Has Property Attached
Square Footage: 1247
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1989
Levels: Two
Pool Features: Community, Association
Lot Size Area: 4.93
Lot Size Units: Acres
Lot Size Acres: 4.93
Lot Size Square Feet: 214750.8
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
HOA/Condo/Coop Amenities: Pool, Recreation Room, Spa/Hot Tub
HOA Fee: $550
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/08/2026
|
3 Bed
|
2 Bath
|
1247 ft²
|
$550,000
3 Bed
2 Bath
1247 ft²
|
$565,000
+2.73%
05/05/2026
|
Lisa Ruiz
Steele Canyon Realty
| |
|
08/04/2025
|
2 Bed
|
2 Bath
|
1010 ft²
|
$532,500
2 Bed
2 Bath
1010 ft²
|
$532,500
09/29/2025
|
Amber Gorbett
Harcourts Prime Properties
| |
|
01/24/2019
|
3 Bed
|
2 Bath
|
1247 ft²
|
$389,000
3 Bed
2 Bath
1247 ft²
|
$389,000
02/28/2019
|
Carly Dorendorf
eXp Realty of California, Inc.
| |
|
11/27/2017
| |
3 Bed
|
2 Bath
|
1340 ft²
|
$389,000
3 Bed
2 Bath
1340 ft²
|
$395,500
+1.67%
01/09/2018
|
Colleen Moore
Thank You Heroes Realty
|
|
10/20/2014
|
2 Bed
|
2 Bath
|
1010 ft²
|
$265,000
2 Bed
2 Bath
1010 ft²
|
$257,000
-3.02%
02/10/2015
|
Elva Yamanaka
Keller Williams Realty
| |
|
04/30/2013
|
3 Bed
|
2 Bath
|
1340 ft²
|
$245,000
3 Bed
2 Bath
1340 ft²
|
$265,000
+8.16%
07/19/2013
|
Kim McMillan
Coldwell Banker West
|
Building Info
About Santee
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Listed by: Lisa Ruiz, Steele Canyon Realty
Last Updated: 6 months ago
Data Source: CRMLS, MLS# PTP2602588
Last Updated: 6 months ago
Data Source: CRMLS, MLS# PTP2602588
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