$775,000
●
House -
Off Market
8516 Ellsworth Lane
Santee, CA 92071
3 Beds
2 Baths
1,200 Ft²
$3,806
Est. Monthly
About This Property
Perched on a private drive with breathtaking views of the Santee
valley and surrounding mountains, this beautiful single-story home
offers both charm and modern updates. Recent upgrades include a new
roof and A/C system (2023), as well as refinished real hardwood
floors. The inviting family room, complete with a cozy fireplace
and expansive windows that showcase the stunning views, flows
seamlessly into the charming kitchen, creating a warm and welcoming
atmosphere. The expansive terraced yard is a gardener's dream,
boasting mature fruit trees, flat usable space for outdoor
enjoyment, and an additional elevated area perfect for taking in
the panoramic views. The detached two-car garage, along with
multiple additional parking spots, offers ample storage space and
even ADU potential. Nestled on a private drive shared with only two
other homes, this property offers peace and seclusion while
remaining conveniently close to schools, freeway access, downtown
Santee, and Mission Trails Park. Plus, no HOA! Don't miss your
opportunity!
Unit Size
1,200 Ft²
Days on Market
74 days
Land Size
0.23 acres
Price per sqft
$646
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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: 2 years ago (SDMLS #NDP2502120)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | Listed by Real Broker | $775,000 | |
| Listed by Real Broker | |||
Property Highlights
Garage
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
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Santee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sheree Rodriguez, Real Broker
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2502120
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2502120
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