$625,000
●
House -
Off Market
8506 Rhone Road
Santee, CA 92071
4 Beds
2 Baths
1,750 Ft²
$1,145,390
RealtyHop Estimate
78.97%
Since Jan 1, 2017
CA-San Diego
Primary Model
About This Property
MUST SEE this GORGEOUS Custom home! Spotless kitchen w/ upgraded
appliances and recessed lighting make it perfect for entertaining.
Bamboo wood flooring throughout home & new paint and carpet.
Windows & blinds bring natural lighting to every room along w/ open
floor plan, window coverings includ. Front/Back completely
landscaped w/ irrigation. Tropical landscaping surrounds backyard
w/ beautiful pool, spa, fire pit, & built-in barbecue. Security
sys.Spacious garage w/Bonus room. Too many upgrades to list!
Neighborhoods: Rhone Estates Equipment: Dryer,Garage Door
Opener,Pool/Spa/Equipment, Range/Oven, Washer Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,750 Ft²
Days on Market
124 days
Land Size
-
Price per sqft
$366
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006
Payment Calculator
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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: 4 months ago (SDMLS #160047743)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2019 | No longer available | - | |
| No longer available | |||
| Sep 27, 2019 | Price Decreased |
$699,900
↓ $25K
(3.5%) | |
| Price Decreased | |||
| Sep 12, 2019 | Listed | $724,900 | |
| Listed | |||
| | |||
|
WELCOME TO PARADISE IN SANTEE! SUPER UPGRADED SINGLE STORY HOME-BUILT IN 2006 W/AN AMAZING BACKYARD W/ POOL/SPA & PAID OFF $30k SOLAR SYSTEM!! This luxurious open concept home is on a quiet street w/ no neighbors across the street!Fully upgraded kitchen w/ a large island that flows right into your living room. Upgraded flooring, 9' high ceilings, vaulted ceilings in the living room, bamboo floors, cozy fireplace, extra large closet in master & a full size laundry. See Supp for more details! The manager has listed the unit size as 1757 square feet.
| |||
| Dec 30, 2016 | Sold | ||
| Sold | |||
| Aug 28, 2016 | Listed by Coldwell Banker Res. Brokerage | $640,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Santee
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Listed by: Jamie Luke, Coldwell Banker Res. Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160047743
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160047743
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