$567,000
●
House -
Off Market
8859 Prospect Ave
Santee, CA 92071
4 Beds
3 Baths
1,576 Ft²
$946,272
RealtyHop Estimate
66.66%
Since Jan 1, 2018
CA-San Diego
Primary Model
About This Property
Charming single story, completely remodeled Family home, excellent
location, desirable area of Santee , corner lot, 4 bed/3 full
baths, almost half acre lot with separate pad R2 zoning for
possibly building another home, new kitchen and baths granite
counters in kitchen and baths, stainless steel apps, dual pane
windows, a thankless water heater, fire sprinklers, new floors, new
doors and an open floor plan. Enjoy family time or entertaining,
boat and RV parking, close to all shopping, schools &
freeway. Neighborhoods: Fanito Rancho Equipment: Fire
Sprinklers,Garage Door Opener Other Fees: 0 Sewer: Sewer
Available, Sewer Connected, Public Sewer Topography: LL
Unit Size
1,576 Ft²
Days on Market
88 days
Land Size
0.49 acres
Price per sqft
$360
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2007
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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 #170049668)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2017 | Sold | ||
| Sold | |||
| Sep 21, 2017 | Listed by RE/MAX Connections | $567,786 | |
| Listed by RE/MAX Connections | |||
| Apr 28, 2017 | Sold | ||
| Sold | |||
| Mar 14, 2017 | Listed by Aspire Pacific Realty | $385,000 | |
| Listed by Aspire Pacific Realty | |||
| | |||
|
Back on the market!! Great investor opportunity! 4 bed / 3 bath home on a .45 acre lot in need of some TLC. Plenty of space to even split off the back half of the lot and build a 2nd home on it (Buyer would need to verify this is possible, seller and listing broker have not looked into it). Don't miss out on this deal. Won't last long. Neighborhoods: Fanita Rancho Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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HOA + Taxes
About Santee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Shawn Azizzi, RE/MAX Connections
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170049668
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170049668
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