$518,000
●
House -
Off Market
8742 Granite House Lane
Santee, CA 92071
5 Beds
3 Baths
2,097 Ft²
$845,307
RealtyHop Estimate
63.19%
Since Nov 1, 2018
CA-San Diego
Primary Model
About This Property
Welcome to this Santee 4Bed and 3Bath home with an additional
converted garage that can be an optional room. One of the bedrooms
is located on the first floor too. Located on a cul-de-sac this
home has a pool and spa that is in need of repair. Vaulted
ceilings, fireplace, workshop/shed outside. Located within
walking distance to PRIDE Academy K-8. This home was recently
appraised for $552,000. Also, please check with your lender
or ours about a renovation loan. Neighborhoods: Santee Equipment:
Dryer, Washer Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
2,097 Ft²
Days on Market
61 days
Land Size
0.15 acres
Price per sqft
$247
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #180048951)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2018 | Sold | ||
| Sold | |||
| Oct 7, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $525,000 | |
| Listed | |||
| | |||
|
Welcome to this Santee 4Bed and 3Bath home with an additional converted garage that can be an optional room. One of the bedrooms is located on the first floor too. Located on a cul-de-sac this home has a pool and spa that is in need of repair. Vaulted ceilings, fireplace, workshop/shed outside. Located within walking distance to PRIDE Academy K-8. This home was recently appraised for $552,000. Also, please check with your lender or ours about a renovation loan. The manager has listed the unit size as 2097 square feet.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Santee
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Listed by: Kimo Quance, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180048951
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180048951
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