$155,000
●
Condo -
Off Market
8604 Arminda Circle #33
Santee, CA 92071
2 Beds
2 Baths
958 Ft²
$418,690
RealtyHop Estimate
170.12%
Since May 1, 2012
CA-San Diego
Primary Model
About This Property
Ground level 2 bedroom/ 2 bath Santee condo with large patio.
Move-in ready and NOT A SHORT SALE! Property is being sold AS
IS and no requests for repairs are expected by seller. The seller
has never occupied the property, has limited knowledge of property
and surrounding areas, and is exempt from supplying the buyer with
a TDS. This home is being sold in its current "as is" condition.
The buyer is to complete thorough investigations before close of
escrow. The buyer/ buyers' agent shall verify all information
contained herein before close of escrow. Information contained
herein is deemed reliable but IS NOT GUARANTEED. Buyer to verify
Square footage, Room sizes, sewer and septic information, utility
availability and utility company information including but not
limited to water, electric, gas, sewer, septic, cable and other
communication services, Property Mgmt Co, % of Owner Occupancy,
Parking location, Schools & Services to buyer satisfaction before
signing Escrow Papers. Equipment: Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
958 Ft²
Days on Market
-
Land Size
-
Price per sqft
$162
Property Type
Condo
Property Taxes
-
HOA Dues
$280
Year Built
2018
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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 #120009710)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2012 | Sold | ||
| Sold | |||
| Feb 21, 2012 | Listed by Plus Realty Group | $155,000 | |
| Listed by Plus Realty Group | |||
Property Highlights
Parking Details
Has Garage
Parking Features: Permit Required, Uncovered
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Laundry Features: Electric Dryer Hookup, Laundry Room
Exterior Details
Has Property Attached
Square Footage: 958
Square Footage Source: $0
Year Built: 1987
Levels: Two
Construction Materials: Stucco
Pool Features: Community
Lot Size Units: Square Feet
Tax Lot: 8604Arminda3392071
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Location Details
HOA Fee: $280
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/11/2020
|
2 Bed
|
2 Bath
|
984 ft²
|
$345,000
2 Bed
2 Bath
984 ft²
|
$350,000
+1.45%
07/24/2020
|
Kelly Kelson
Big Block Realty, Inc.
| |
|
02/05/2016
|
1 Bed
|
1 Bath
|
750 ft²
|
$184,999
1 Bed
1 Bath
750 ft²
|
$200,000
+8.11%
03/22/2016
|
Andrew Bloom
KW Advisors
| |
|
02/21/2012
|
2 Bed
|
2 Bath
|
958 ft²
|
$155,000
2 Bed
2 Bath
958 ft²
|
$155,000
04/27/2012
|
Jonathan Mann
Strata Property Solutions Inc.
|
Building Info
About Santee
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Listed by: Jonathan Mann, Plus Realty Group
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120009710
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120009710
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