$480,000
●
House -
Off Market
8632 Paseo Ladera
Santee, CA 92071
2 Beds
2 Baths
1,076 Ft²
$745,846
RealtyHop Estimate
57.02%
Since Dec 1, 2019
CA-San Diego
Primary Model
About This Property
Nestled in a treed hillside, this adorable home in lovely
neighborhood offers vaulted ceilings, living room fireplace,
spacious master bedroom, private backyard with patio & the pleasure
of having a swimming pool & spa without the maintenance! Plenty of
parking with 2-car garage & driveway; company can also enjoy
overnight parking in guest parking! Built in the 90s & close to
hiking, golfing, horseback riding, shopping, dining & very commuter
friendly with 67, 52, 125 & 8 Freeways nearby. Great Schools!
Neighborhoods: Santee Equipment: Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
1,076 Ft²
Days on Market
41 days
Land Size
0.16 acres
Price per sqft
$441
Property Type
House
Property Taxes
-
HOA Dues
$230
Year Built
1990
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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: 5 months ago (SDMLS #190052961)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 19, 2020 | No longer available | - | |
| No longer available | |||
| Nov 8, 2020 | Relisted | $549,999 | |
| Relisted | |||
| Nov 7, 2020 | No longer available | - | |
| No longer available | |||
| Oct 31, 2020 | In contract | - | |
| In contract | |||
| Sep 30, 2020 | Listed | $549,999 | |
| Listed | |||
| | |||
|
Updated home in the desirable Rancho Fanita community of Santee! ***Great natural light in the open living area with vaulted ceilings, fireplace, and large glass sliders opening to the backyard. ***Bright kitchen with big windows and a skylight, all new stainless steel appliances, and tons of cabinetry. ***Serene Master bedroom with vaulted ceilings, access to the backyard, and ensuite bathroom. ***Solar Panels. ***Freshly painted inside and out! ***New carpet and flooring...(See Supplement) The manager has listed the unit size as 1076 square feet.
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Santee
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Listed by: Laura Lothian, Pacific Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190052961
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190052961
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