$560,000
●
House -
Off Market
8502 Organdy Lane
Santee, CA 92071
4 Beds
2 Baths
1,660 Ft²
$895,883
RealtyHop Estimate
59.98%
Since Jun 1, 2018
CA-San Diego
Primary Model
About This Property
Best priced home in Santee! Don't miss this adorable family home
nestled on the foothills of of Cowles Mountain! Almost 1/2 acre
lot! This home is beautifully upgraded with pergo flooring, granite
countertops & an open & bright floorplan. Vaulted ceilings
throughout with a permitted addition of a family room and
office. Bonus office could easily be converted into 4th bedroom.
Enjoy a huge private backyard with fun gazebo and fire pit area.
Perfect for the whole family! Aerial of property outline attached
Neighborhoods: Fanita Terrace Equipment: Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: LL,GSL,SSLP
Unit Size
1,660 Ft²
Days on Market
49 days
Land Size
-
Price per sqft
$337
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: 4 months ago (SDMLS #180016660)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2023 | No longer available | - | |
| No longer available | |||
| Dec 31, 2022 | In contract | - | |
| In contract | |||
| Dec 22, 2022 | Listed by Whissel Realty | $779,000 | |
| Listed by Whissel Realty | |||
| | |||
|
Beautiful and lovingly remodeled, Santee home for sale. This is NOT a flip. Located in the Big Rock Park area of Santee surrounded by open space. Three bedrooms, two bathrooms with an optional bonus bedroom/office as well as spacious open floor plan and it has a family room addition! Features include fireplace, fenced backyard, two car, garage AC and heat you don’t want to miss out on this beautiful home. The manager has listed the unit size as 1660 square feet.
| |||
| Aug 4, 2022 | No longer available | - | |
| No longer available | |||
| Jul 9, 2022 | Price Decreased |
$869,000
↓ $10K
(1.1%) | |
| 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
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HOA + Taxes
About Santee
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Listed by: Patti Roesch, Steele Canyon Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180016660
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180016660
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