$483,355
●
Townhouse -
Off Market
8850 Olive Lane #8
Santee, CA 92071
4 Beds
3 Baths
1,306 Ft²
$750,046
RealtyHop Estimate
57.91%
Since Jun 1, 2019
CA-San Diego
Primary Model
About This Property
Mt. Laguna view! Great corner location at Montivo Townhomes new
construction at Santee Town Center. Ideal location-walking distance
to trolley, major retailers, local shops & restaurants. 3 bedrooms,
3 full baths + study. FREE SOLAR included. Contemporary
finishes-quartz countertops kitchen & baths, white Thermofoil
cabinets & stainless appliances. Interior laundry, AC, attached 2
car garage w/ extra storage, private deck. Community tot lot w/
play equipment, picnic area & bbq. VA/FHA. Move in Oct 2018.
Neighborhoods: Town Center Equipment: Garage Door Opener Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,306 Ft²
Days on Market
312 days
Land Size
-
Price per sqft
$364
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 #180036914)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2022 | No longer available | - | |
| No longer available | |||
| Nov 20, 2021 | In contract | - | |
| In contract | |||
| Nov 11, 2021 | Listed by eXp Realty of California Inc | $549,900 | |
| Listed by eXp Realty of California Inc | |||
| | |||
|
2019 TURN KEY 3 BR, 3 BA Townhome! OWNED SOLAR! Contemporary kitchen has stainless steel appliances, white cabinets and quartz countertops. Features include interior laundry and balcony. Central forced AC, laminate flooring throughout home and carpet in bedrooms. 2 car attached garage with spacious storage. Within walking to shopping, the trolley, restaurants, top-rated schools, Santee Town Center Park, Town Square shopping, Santee Lakes, YMCA, and trails! Amenities include a tot lot and a picnic area. The manager has listed the unit size as 1302 square feet.
| |||
| May 14, 2019 | Sold | ||
| Sold | |||
| Jul 6, 2018 | Listed by SureSell Real Estate | $474,990 | |
| Listed by SureSell Real Estate | |||
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: 2018
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# 180036914
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180036914
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