8608 Arminda #47
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 8, 2018 | Sold | ||
| Sold | |||
| Mar 23, 2018 | Listed by Liv Real Estate | $335,000 | |
| Listed by Liv Real Estate | |||
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This beautiful condominium, located in Santee, boasts a private balcony with a panoramic view of Cowles Mountain. Great end unit, which offers an abundance of natural light. Crown molding, granite countertops in kitchen, custom built-in office with Corian countertop, fans in both bedrooms, and dimmable lighting. Hidden electrical in walls, surround sound, in office and for TV. Washer/Dryer/Refrigerator conveys. The home has a detached garage for parking/storage. Complex features a gated spa. Easy access to the 52 and 125 freeways. Located near shopping centers, restaurants, and schools in a great school district. The HOA includes: exterior building maintenance, exterior landscaping, common area maintenance, and water. Per HOA, complex is undergoing re-piping from polybutelene plumbing for today's standards. Additional fee reflects re-piping of unit which was completed in 2017. **Information deemed reliable, but not guaranteed. Buyer(s) and Buyers Agent to verify all, including MLS information, permits and fees prior to close of escrow and be satisfied.
| |||
| Dec 15, 2016 | Sold | ||
| Sold | |||
| Nov 3, 2016 | Listed by Keller Williams La Jolla | $299,000 | |
| Listed by Keller Williams La Jolla | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/09/2019
|
2 Bed
|
2 Bath
|
958 ft²
|
$335,000
2 Bed
2 Bath
958 ft²
|
$322,000
-3.88%
11/15/2019
|
Chad Hughes
Trinity San Diego Real Estate
| |
|
03/23/2018
|
2 Bed
|
2 Bath
|
984 ft²
|
$335,000
2 Bed
2 Bath
984 ft²
|
$335,000
06/08/2018
|
Alyssa Angstrom
Liv Real Estate
| |
|
11/03/2016
|
2 Bed
|
2 Bath
|
984 ft²
|
$299,000
2 Bed
2 Bath
984 ft²
|
$305,000
+2.01%
12/15/2016
|
Marlyn Webb
Keller Williams La Jolla
| |
|
05/27/2014
|
2 Bed
|
2 Bath
|
958 ft²
|
$225,000
2 Bed
2 Bath
958 ft²
|
$213,000
-5.33%
08/15/2014
|
Kazem Abbasov
First Liberty Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017