$425,000
●
House -
Off Market
8566 Placid View Dr
Santee, CA 92071
3 Beds
2 Baths
1,198 Ft²
$722,236
RealtyHop Estimate
72.37%
Since May 1, 2017
CA-San Diego
Primary Model
About This Property
First time home buyers, this is your home! Nice sized lot
with upgrades. Travertine flooring, plantation shutters, good
sized rooms and plenty of living space. Close to
transportation, freeways, schools, shopping and services.
West facing view.. Neighborhoods: Santee Equipment:
Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: GSL
Unit Size
1,198 Ft²
Days on Market
87 days
Land Size
-
Price per sqft
$350
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 #170002343)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 10, 2017 | Sold | ||
| Sold | |||
| Jan 13, 2017 | Listed by Big Block Realty, Inc | $419,000 | |
| Listed by Big Block Realty, Inc | |||
| Nov 13, 2015 | Sold | ||
| Sold | |||
| Jun 18, 2015 | Listed by Turning Leaf Properties | $410,000 | |
| Listed by Turning Leaf Properties | |||
| | |||
|
REDUCED!! VIEWS VIEWS VIEWS! Wonderful Santee family home on a large lot with canyon views; perfect for first time home buyers! Upgrades and features include travertine tile flooring, French doors, new paint, AC, kitchen appliances, retaining wall. Close to schools, shopping, transportation, and most services. Don't miss out on this opportunity! Neighborhoods: Santee Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Available Topography: SSLP
| |||
Property Highlights
Air Conditioning
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
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HOA + Taxes
About Santee
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Listed by: Suzanne Coleman, Big Block Realty, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170002343
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170002343
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