$515,000
●
Condo -
Off Market
8612 Arminda Circle #51
Santee, CA 92071
2 Beds
2 Baths
984 Ft²
$2,895
Est. Monthly
$444
HOA / Fees
6.57%
Cap Rate
About This Property
** 4.75% Assumable VA LOAN ** Welcome to 8612 Arminda Circle #51, a
beautifully maintained 2-bedroom, 2-bath condo in the desirable
Vista Del Rio community of Santee, CA. Featuring a 1 car garage!
This bright and spacious upper-level home features an open floor
plan, vaulted ceilings, in-unit laundry, and a private balcony
perfect for relaxing or entertaining. The updated kitchen offers
plenty of cabinet space and modern appliances, while the living
room provides a cozy, inviting atmosphere. Enjoy resort-style
community amenities including a spa, and landscaped greenbelts, all
just minutes from the best of East County. Conveniently located
near Santee Lakes, Mission Trails Regional Park, and Cowles
Mountain, outdoor enthusiasts will love the endless hiking, biking,
and recreation options. You're also close to top-rated
restaurants and local favorites like Phil's BBQ, Anny's Fine
Burgers, and BNS Brewing & Distillery, plus shopping and dining at
Santee Trolley Square. With easy access to Highways 52, 125, and
67, this home offers a perfect balance of comfort, convenience, and
community living. Don't miss this incredible opportunity to
own in one of Santee's most
sought-after neighborhoods!
Unit Size
984 Ft²
Days on Market
250 days
Land Size
2.93 acres
Price per sqft
$507
Property Type
Condo
Property Taxes
-
HOA Dues
$444
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 #PTP2507931)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Feb 25, 2026 | Price Decreased |
$499,000
↓ $21K
(4%) | |
| Price Decreased | |||
| Dec 10, 2025 | Price Decreased |
$519,999
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Oct 19, 2025 | Listed by Coldwell Banker West | $529,999 | |
| Listed by Coldwell Banker West | |||
Show More
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary
Laundry Features: Laundry Room, Outside
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 984
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1987
Levels: One
Pool Features: None
Lot Size Area: 2.93
Lot Size Units: Acres
Lot Size Acres: 2.93
Lot Size Square Feet: 127630.8
Utilities Details
Cooling Type: Central Air
Location Details
HOA/Condo/Coop Amenities: Insurance, Spa/Hot Tub, Trash, Water
HOA Fee: $444
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 |
|---|---|---|---|---|---|---|---|
|
04/21/2022
|
2 Bed
|
2 Bath
|
984 ft²
|
$449,000
2 Bed
2 Bath
984 ft²
|
-
-
|
Tina Laser
eXp Realty
| |
|
06/22/2021
|
2 Bed
|
2 Bath
|
958 ft²
|
$409,000
2 Bed
2 Bath
958 ft²
|
$415,000
+1.47%
07/22/2021
|
Heather Michaud
Compass
| |
|
02/24/2020
|
2 Bed
|
2 Bath
|
958 ft²
|
$339,000
2 Bed
2 Bath
958 ft²
|
$341,000
+0.59%
03/26/2020
|
Kelly Kelson
Link Brokerages, Inc.
| |
|
07/05/2019
|
2 Bed
|
2 Bath
|
984 ft²
|
$339,990
2 Bed
2 Bath
984 ft²
|
$330,000
-2.94%
11/25/2019
|
Zachary Sensenbach
| |
|
10/25/2016
|
2 Bed
|
2 Bath
|
958 ft²
|
$299,000
2 Bed
2 Bath
958 ft²
|
$285,000
-4.68%
12/21/2016
|
Dan Smith
RE/MAX Associates
| |
|
09/19/2015
|
2 Bed
|
2 Bath
|
984 ft²
|
$249,000
2 Bed
2 Bath
984 ft²
|
$250,000
+0.40%
11/05/2015
|
Brandan Rosenlund
Marinello and Associates R.E
| |
|
06/05/2015
|
2 Bed
|
2 Bath
|
984 ft²
|
$244,900
2 Bed
2 Bath
984 ft²
|
$238,100
-2.78%
07/17/2015
|
Marian Edwards
Compass
| |
|
08/02/2011
|
2 Bed
|
2 Bath
|
958 ft²
|
$161,000
2 Bed
2 Bath
958 ft²
|
$155,000
-3.73%
01/24/2012
|
James Paine
RE/MAX Pacific
|
Building Info
About Santee
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Listed by: Yusef Hussainy, Coldwell Banker West
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PTP2507931
Last Updated: 4 months ago
Data Source: CRMLS, MLS# PTP2507931
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