$665,000
●
Townhouse -
Off Market
8796 Aspenglow Place #2
Santee, CA 92071
3 Beds
3 Baths,
1
Half Bath
1,587 Ft²
$3,665
Est. Monthly
$350
HOA / Fees
7.09%
Cap Rate
About This Property
Rare opportunity to purchase a spacious 3-bedroom, 3.5-bath
tri-level townhome in Santee with an existing VA loan that may be
assumable, subject to lender approval and buyer qualification. This
favorable financing option may help qualified buyers manage monthly
payments while upgrading to a larger home.
The home offers approximately 1,587 sq ft of living space with a flexible layout, including a private entry-level bedroom with full bath, open main living area, dual balconies, and an attached two-car garage with direct access.
Cosmetic updates such as paint and flooring are needed, presenting an excellent opportunity to personalize the home. Located in the gated Morningside Community with resort-style amenities including a pool, spa, BBQ area, and gated entry, all maintained by the HOA. Convenient access to Santee Lakes, Mission Trails Regional Park, shopping, dining, and major freeways.
Seller has an existing VA loan that may be assumable at a favorable interest rate, subject to lender approval and buyer qualification. Buyer to verify all terms and eligibility.
The home offers approximately 1,587 sq ft of living space with a flexible layout, including a private entry-level bedroom with full bath, open main living area, dual balconies, and an attached two-car garage with direct access.
Cosmetic updates such as paint and flooring are needed, presenting an excellent opportunity to personalize the home. Located in the gated Morningside Community with resort-style amenities including a pool, spa, BBQ area, and gated entry, all maintained by the HOA. Convenient access to Santee Lakes, Mission Trails Regional Park, shopping, dining, and major freeways.
Seller has an existing VA loan that may be assumable at a favorable interest rate, subject to lender approval and buyer qualification. Buyer to verify all terms and eligibility.
Unit Size
1,587 Ft²
Days on Market
88 days
Land Size
0.42 acres
Price per sqft
$425
Property Type
Townhouse
Property Taxes
-
HOA Dues
$350
Year Built
-
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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: 6 months ago (CRMLS #PW26027647)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Credent Real Estate | $675,000 | |
| Listed by Credent Real Estate | |||
| May 13, 2019 | Sold | ||
| Sold | |||
| Apr 17, 2019 | Listed by Keller Williams Realty | $459,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Best location in the complex! Gorgeous upgraded tri-level home in highly sought out Santee gated community. 1st floor offers 1 bd/full bath with direct access to laundry room, storage & oversized 2 car garage. 2nd floor features spacious open concept living room, large kitchen, breakfast bar, half bath, & separate dining area. 3rd floor includes Master bedroom & guest room. All 3 bedrooms have own full bath. 2 balconies (off living room & master bd) facing west for beautiful mountain & sunset views! Neighborhoods: Morningside Complex Features: ,,,, Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Breakfast Bar, Ceiling Fan(s), SeparateFormalDiningRoom, BedroomOnMainLevel
Appliances: Dishwasher
Flooring Type: Carpet, Laminate, Tile
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1587
Square Footage Source: $0
Security Features: Gated Community
Year Built Source: Public Records
Year Built: 2005
Levels: Three Or More
Pool Features: Association
Lot Size Area: 18197
Lot Size Units: Square Feet
Lot Size Acres: 0.4177
Lot Size Square Feet: 18197
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Spa/Hot Tub
HOA Fee: $350
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 |
|---|---|---|---|---|---|---|---|
|
02/05/2026
|
3 Bed
|
3 Bath
|
1587 ft²
|
$675,000
3 Bed
3 Bath
1587 ft²
|
$665,000
-1.48%
05/05/2026
|
Nancy Kim
Credent Real Estate
| |
|
06/11/2020
|
3 Bed
|
3 Bath
|
1587 ft²
|
$475,000
3 Bed
3 Bath
1587 ft²
|
$490,000
+3.16%
07/08/2020
|
Ben Crosby
Compass
| |
|
04/17/2019
|
3 Bed
|
3 Bath
|
1587 ft²
|
$459,000
3 Bed
3 Bath
1587 ft²
|
$469,000
+2.18%
05/13/2019
|
Konstantina Hanson
Keller Williams Realty
| |
|
09/13/2017
|
4 Bed
|
4 Bath
|
1733 ft²
|
$465,000
4 Bed
4 Bath
1733 ft²
|
$460,000
-1.08%
10/26/2017
|
Kurt Myers
Myers Realty Group
| |
|
02/01/2015
|
3 Bed
|
3 Bath
|
1587 ft²
|
$349,900
3 Bed
3 Bath
1587 ft²
|
$365,000
+4.32%
04/01/2015
|
Karen Martino
Berkshire Hathaway HomeServices California Properties
| |
|
01/07/2015
|
3 Bed
|
3 Bath
|
1587 ft²
|
$344,900
3 Bed
3 Bath
1587 ft²
|
$344,000
-0.26%
03/25/2015
|
Blake Peter
Blake Peter Properties
| |
|
09/14/2014
|
4 Bed
|
4 Bath
|
1733 ft²
|
$370,000
4 Bed
4 Bath
1733 ft²
|
$368,000
-0.54%
12/22/2014
|
Damian Lyon
California Listing Services
| |
|
08/01/2012
|
4 Bed
|
4 Bath
|
1733 ft²
|
$290,000
4 Bed
4 Bath
1733 ft²
|
$297,500
+2.59%
10/04/2012
|
Melvyn Rizzo
Mel Rizzo Real Estate
|
Building Info
About Santee
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Listed by: Nancy Kim, Credent Real Estate
Last Updated: 6 months ago
Data Source: CRMLS, MLS# PW26027647
Last Updated: 6 months ago
Data Source: CRMLS, MLS# PW26027647
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