$220,400
●
Condo -
Off Market
8609 Arminda #10
Santee, CA 92071
2 Beds
2 Baths
958 Ft²
$439,060
RealtyHop Estimate
90.98%
Since Sep 1, 2015
CA-San Diego
Primary Model
About This Property
Pride of ownership shows throughout this spacious ground floor
corner unit. Two sets of french doors open to the airy patio. Crown
moulding, mirrored dining area and extra large master bedroom and
two full baths are some of the amenities. One car garage and extra
parking also. Some photos from when the property was previously
vacant. Neighborhoods: Santee Trails Complex Features: , Equipment:
Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
958 Ft²
Days on Market
92 days
Land Size
-
Price per sqft
$240
Property Type
Condo
Property Taxes
-
HOA Dues
$300
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 #150024952)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 24, 2016 | Sold | ||
| Sold | |||
| Sep 6, 2016 | Listed by HomeSmart Realty West | $279,000 | |
| Listed by HomeSmart Realty West | |||
| | |||
|
A 2 Bedroom, 2 Bath condo, w/ a garage AND inside full-size laundry! Laminate hardwood floors, upgraded baseboards & crown, new paint, & recent bathroom upgrades! 2 french doors lead to a covered, fenced-in patio overlooking greenbelt common areas. Great location of Santee: easy access to 52, 125 freeways & easy drive into Mission Valley down Mission Gorge! Close to Mission Trails hiking/biking & close to tons of shopping/restaurants. RARE to find a 2/2 w/ garage & inside laundry under $300k in good area! Neighborhoods: West Santee Complex Features: ,,, Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Aug 6, 2015 | Sold | ||
| Sold | |||
| May 6, 2015 | Listed by HomeSmart Realty West | $229,900 | |
| Listed by HomeSmart Realty West | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Uncovered
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: BedroomOnMainLevel, MainLevelPrimary
Appliances: Dishwasher, Disposal
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Outside
Exterior Details
Has Property Attached
Square Footage: 958
Year Built: 1987
Levels: One
Construction Materials: Stucco
Pool Features: None
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA Fee: $300
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 |
|---|---|---|---|---|---|---|---|
|
09/22/2023
|
2 Bed
|
2 Bath
|
1007 ft²
|
$499,000
2 Bed
2 Bath
1007 ft²
|
-
-
|
Cory Schweer
Allison James Estates & Homes
| |
|
09/22/2020
|
2 Bed
|
2 Bath
|
1007 ft²
|
$350,000
2 Bed
2 Bath
1007 ft²
|
-
-
|
-
| |
|
09/06/2016
|
2 Bed
|
2 Bath
|
958 ft²
|
$279,000
2 Bed
2 Bath
958 ft²
|
$280,000
+0.36%
10/24/2016
|
Daniel Vachon
HomeSmart Realty West
| |
|
05/06/2015
|
2 Bed
|
2 Bath
|
958 ft²
|
$229,900
2 Bed
2 Bath
958 ft²
|
$220,400
-4.13%
08/06/2015
|
Ruth Rossi
HomeSmart Realty West
|
Building Info
About Santee
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Listed by: Ruth Rossi, HomeSmart Realty West
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150024952
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150024952
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