$412,000
●
House -
Off Market
8745 Rhodes Ct
Santee, CA 92071
4 Beds
3 Baths,
1
Half Bath
1,926 Ft²
$804,201
RealtyHop Estimate
67.89%
Since Dec 1, 2017
CA-San Diego
Primary Model
About This Property
FIXER OPPORTUNITY ! House plus separate Guest House! 1926 sf
3 bedroom 2 1/2 bath house and a 600 sf guest house all on a
usable 10,000 sq. ft. level lot. Room for boats and toys!
Over-sized attached 2-car garage and laundry room. Fix up,
paint, carpet, replace appliances and keep the profit for yourself.
Floor plan is spacious. Separate guest house has 1
bedroom, 1 bath and kitchen. Engineers report available for cracks
in slab, foundation is solid. See report. Probate
sale. Use PPA for offers. Neighborhoods: Santee Other Fees: 0
Sewer: Sewer Connected Topography: LL Guest House Est. SQFT:
600
Unit Size
1,926 Ft²
Days on Market
21 days
Land Size
0.35 acres
Price per sqft
$249
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1992
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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 #170053575)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 3, 2018 | Sold | ||
| Sold | |||
| May 23, 2018 | Listed by Realty Rx | $699,000 | |
| Listed by Realty Rx | |||
 | |||
|
PRICED TO SELL! Appraised at 746K! INCOME PRODUCING property! Renovated 600sq ft guest house ideal for renting out to help pay the mortgage. Both units have been immaculately remodeled and feature gorgeous flooring, stainless steel appliances & high-end fixtures. Beautiful & functional features include a stackstone fireplace, barn door, large kitchen island & farmhouse sink. Fully-fenced yard boasts clean landscaping & a spacious patio. RV & Boat parking available. Close to trolley stops & shopping. Neighborhoods: Santee Equipment: Garage Door Opener Other Fees: 0 Sewer: Public Sewer Topography: LL
| |||
| May 9, 2018 | Listed | $729,900 | |
| Listed | |||
| | |||
|
INCOME PRODUCING property! Renovated 600sq ft guest house is ideal for renting out to help pay the mortgage. Both units have been immaculately remodeled and feature gorgeous flooring, stainless steel appliances & high-end fixtures throughout. Beautiful & functional features include a stackstone fireplace, barn door, large kitchen island & farmhouse sink. Fully-fenced yard boasts clean landscaping & a spacious patio - perfect for entertaining! RV & Boat parking available. Close to trolley stops & shopping. The manager has listed the unit size as 2526 square feet.
| |||
| Nov 3, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Santee
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Listed by: Richard Andrews, Richard Andrews, Broker
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 170053575
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 170053575
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