$420,000
●
House -
Off Market
8067 Rancho Fanita
Santee, CA 92071
2 Beds
1 Bath,
1
Half Bath
1,164 Ft²
$781,844
RealtyHop Estimate
81.82%
Since Jul 1, 2016
CA-San Diego
Primary Model
About This Property
Come and take a look at this move in ready family home. You can
walk to Mission Trails Park or Big Rock Park in about 5 min. The
house is updated and over a quarter acre of space for the kids to
play. The elementary school is also walking distance from the
property. There is access to drive into the huge back yard and room
for RV parking out front. Panoramic mountain views top off this
quiet neighborhood. Access to the 52 freeway is only 5 minutes
away. Neighborhoods: Santee Equipment: Garage Door Opener,
Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography:
LL
Unit Size
1,164 Ft²
Days on Market
27 days
Land Size
0.28 acres
Price per sqft
$369
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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Cap Rate Calculator
Purchase Price
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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 #160030231)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2016 | Sold | ||
| Sold | |||
| Jun 3, 2016 | Listed by Century 21 Award | $430,000 | |
| Listed by Century 21 Award | |||
| Sep 26, 2013 | Sold | ||
| Sold | |||
| Jul 30, 2013 | Listed by Pacific Sotheby's Int'l Realty | $363,888 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
 | |||
|
Seller will consider offers between $316,000-363,888. Owners purchased this home as a FIXER...and fix it they did! Beautifully renovated, with every intention to stay here forever. Unfortunately, they are outgrowing it. Perfect for the first time home buyer! Why buy a condo with HOA fees, when you can buy a detached home with an attached two car garage...and LAND! Ready to move in, just needs your landscaping ideas! Neighborhoods: West Santee Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
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: James Slater, Century 21 Award
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160030231
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160030231
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