$550,000
●
House -
Off Market
8960 Koonce Rd
Santee, CA 92071
3 Beds
3 Baths
1,858 Ft²
$896,112
RealtyHop Estimate
62.93%
Since Feb 1, 2019
CA-San Diego
Primary Model
About This Property
Stunning panoramic view home in desirable location! 3 large
bedrooms and could be a 4 BR. 2 Fireplaces, 2 master suites.
Updated kitchen and baths! New $45K LG top grade solar plus back up
battery so no electricity bills. Upgraded 200 AMP Electrical panel.
Recently added whole house fan. DP windows plus upgraded HVAC.
Large 17,337 SF lot for RV, Boat parking. Great space to entertain
with multiple decks and seating areas. Mature fruit trees cascading
the driveway. This house has endless upgrades! Sellers were
not intending on moving. Their job is taking them out of state. Tax
record shows it as a 4 BR. That room can easily be converted back
to another bedroom.Since they bought it they added a trex deck in
the back. LG Solar panels by Sullivan was added in Aug 2018 and has
a back up battery for the deep freezer and refrigerator. They added
ceiling fans, security lights, HVAC to a 4 ton. The Washer, dryer,
and refrigerator convey. They had the yard graded professionally to
add more space for the back and side yard. Very private lot with
scenic views for miles.. Neighborhoods: Santee Equipment:
Dryer, Washer Other Fees: 0 Sewer: Sewer Available,
Sewer Connected Topography: RSLP,GSL
Unit Size
1,858 Ft²
Days on Market
29 days
Land Size
0.39 acres
Price per sqft
$296
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #180066136)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2019 | Sold | ||
| Sold | |||
| Dec 4, 2018 | Listed by Big Block Realty, Inc. | $550,000 | |
| Listed by Big Block Realty, Inc. | |||
| Sep 20, 2012 | Sold | ||
| Sold | |||
| Aug 8, 2012 | Listed by Century 21 Award | $419,000 | |
| Listed by Century 21 Award | |||
| | |||
|
Million Dollar Views! Home has been recently updated and move in ready!45k+ recently put into the home over the last 2 yrs! New Furnace, New Water Heater, New Master Bath! Beautifully landscaped yard with new pavers stones for entertaining space. New Deck and a fantastic picture window in the living room overlooking all of San Diego! Master retreat on 2nd floor, new deck with mountain views,and cozy fireplace. Seller will entertain between 400k-420k Equipment: Dryer,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: GSL
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Santee
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Listed by: Linda Kuczynski, Big Block Realty, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180066136
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180066136
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