$469,990
●
Townhouse -
Off Market
8850 Olive Lane #18
Santee, CA 92071
4 Beds
3 Baths
1,306 Ft²
$754,627
RealtyHop Estimate
57.22%
Since Aug 1, 2019
CA-San Diego
Primary Model
About This Property
Builder Close-out! Seller will entertain offers between
$469,990-$479,990 on this move-in ready New Townhome with views at
Santee Town Center. Ideal location-walking distance to trolley,
shops & restaurants. 3 bdrms, 3 full baths+study. FREE SOLAR &
whole house fan. Contemporary quartz countertops, white cabinets &
stainless appliances w/ gas range. Int laundry, attached 2 car
garage w/extra storage, private deck, high efficiency AC/heat. Tot
lot, picnic area & bbq. VA/FHA, no Mello Roos. Pics of model.
Neighborhoods: Town Center Equipment: Garage Door Opener Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,306 Ft²
Days on Market
73 days
Land Size
-
Price per sqft
$368
Property Type
Townhouse
Property Taxes
-
HOA Dues
$284
Year Built
2019
Payment Calculator
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Cap Rate Calculator
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Operating Profit Per Year
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 #190027325)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2019 | Sold | ||
| Sold | |||
| May 17, 2019 | Listed by SureSell Real Estate | $479,990 | |
| Listed by SureSell Real Estate | |||
| Apr 14, 2019 | No longer available | - | |
| No longer available | |||
| Jan 1, 2019 | Listed | $487,990 | |
| Listed | |||
| | |||
|
Incredible Views at Montivo Townhomes-new construction at Santee Town Center. End location w/luxury vinyl plank flooring for 4/15 move-in. 3 bdrms, 3 full baths+study. No Mello Roos! Owned solar array, whole house fan, quartz countertops, white Thermafoil cabinets & stainless appliances. Included W/D, 2 car grg w/extra storage, private deck, high eff AC/heat. Community tot lot, picnic & bbq area. Walk to trolley, shops, restaurants, fwy close! FHA/VA. Some photos/video tour are of model. 619-871-8648. The manager has listed the unit size as 1306 square feet.
| |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Direct Access, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Interior Features: Loft
Appliances: Convection Oven, Dishwasher, Disposal, Gas Range, Microwave, Self Cleaning Oven
Laundry Features: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
Exterior Details
Has Property Attached
Square Footage: 1306
Property Condition: Under Construction
Architectural Style: Mediterranean
Year Built: 2019
Levels: Three Or More
Construction Materials: Stone, Stucco
Pool Features: None
Water Source: Public
Utilities Details
Cooling Type: Central Air, HighEfficiency
Heating Type: Forced Air, Natural Gas, HighEfficiency
Location Details
HOA/Condo/Coop Amenities: Barbecue, Picnic Area, Playground, OutdoorCookingArea, PetsAllowed
HOA Fee: $284
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 |
|---|---|---|---|---|---|---|---|
|
04/03/2024
|
3 Bed
|
3 Bath
|
1302 ft²
|
$699,900
3 Bed
3 Bath
1302 ft²
|
-
-
|
Jeff Hinds
Compass
| |
|
05/17/2024
|
4 Bed
|
3 Bath
|
1302 ft²
|
$649,000
4 Bed
3 Bath
1302 ft²
|
$660,000
+1.69%
07/24/2024
|
Justin Shokoor
eXp Realty of California Inc
| |
|
01/05/2023
|
3 Bed
|
3 Bath
|
1302 ft²
|
$619,900
3 Bed
3 Bath
1302 ft²
|
-
-
|
Gregg Phillipson
Keller Williams Realty
| |
|
11/12/2021
|
3 Bed
|
3 Bath
|
1302 ft²
|
$599,900
3 Bed
3 Bath
1302 ft²
|
-
-
|
Shaun Mcdonald
Redfin Corporation
| |
|
11/11/2021
|
3 Bed
|
3 Bath
|
1302 ft²
|
$549,900
3 Bed
3 Bath
1302 ft²
|
$578,000
+5.11%
01/07/2022
|
Bradley Ihms
eXp Realty of California Inc
| |
|
01/01/2019
|
4 Bed
|
3 Bath
|
1306 ft²
|
$487,990
4 Bed
3 Bath
1306 ft²
|
-
-
|
-
| |
|
04/12/2019
|
3 Bed
|
3 Bath
|
1306 ft²
|
$469,990
3 Bed
3 Bath
1306 ft²
|
-
-
|
-
| |
|
03/01/2019
|
3 Bed
|
3 Bath
|
1306 ft²
|
$484,990
3 Bed
3 Bath
1306 ft²
|
-
-
|
-
| |
|
09/07/2018
|
4 Bed
|
3 Bath
|
1306 ft²
|
-
4 Bed
3 Bath
1306 ft²
|
-
-
|
-
| |
|
08/17/2018
|
4 Bed
|
3 Bath
|
1306 ft²
|
-
4 Bed
3 Bath
1306 ft²
|
-
-
|
-
| |
|
01/04/2019
|
4 Bed
|
3 Bath
|
1306 ft²
|
$478,990
4 Bed
3 Bath
1306 ft²
|
-
-
|
-
| |
|
10/05/2018
|
4 Bed
|
3 Bath
|
1306 ft²
|
$459,990
4 Bed
3 Bath
1306 ft²
|
-
-
|
-
| |
|
07/20/2018
|
4 Bed
|
3 Bath
|
1306 ft²
|
-
4 Bed
3 Bath
1306 ft²
|
-
-
|
-
| |
|
07/06/2018
|
4 Bed
|
3 Bath
|
1306 ft²
|
$474,990
4 Bed
3 Bath
1306 ft²
|
$483,355
+1.76%
05/14/2019
|
Catherine Nicholas
CADO Real Estate Group
| |
|
05/09/2018
| |
4 Bed
|
3 Bath
|
1306 ft²
|
$474,990
4 Bed
3 Bath
1306 ft²
|
$476,000
+0.21%
04/12/2019
|
Catherine Nicholas
|
|
05/09/2018
|
4 Bed
|
3 Bath
|
1306 ft²
|
-
4 Bed
3 Bath
1306 ft²
|
-
-
|
-
| |
|
04/02/2018
|
4 Bed
|
3 Bath
|
1306 ft²
|
$474,990
4 Bed
3 Bath
1306 ft²
|
$475,840
+0.18%
04/12/2019
|
Catherine Nicholas
CADO Real Estate Group
| |
|
04/02/2018
|
4 Bed
|
3 Bath
|
1306 ft²
|
$464,990
4 Bed
3 Bath
1306 ft²
|
$468,175
+0.68%
04/12/2019
|
Catherine Nicholas
CADO Real Estate Group
| |
|
09/27/2017
|
4 Bed
|
3 Bath
|
1298 ft²
|
$466,990
4 Bed
3 Bath
1298 ft²
|
$469,990
+0.64%
05/03/2019
|
Catherine Nicholas
CADO Real Estate Group
|
Building Info
About Santee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Catherine Nicholas, SureSell Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190027325
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190027325
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