$185,000
●
Land -
Off Market
9128 Shadow Hill Road
Santee, CA 92071
Studio
0 Bath
$492,425
RealtyHop Estimate
146.34%
Since Mar 1, 2013
CA-San Diego
Primary Model
About This Property
Opportunity Knocks.... Private and serene lot with views forever
ready for you to build your dream home on. This lot is situated on
a quiet street behind a private gate and surrounded by Custom Homes
and walking distance to Shadow Hill Park. This lot is approx 1.35
acres in total with rough grade complete and all utility laterals
installed to lot. Close to freeway access, shopping, schools &
more. This could also be a Potential Investor opportunity to build
a spec house. Seller Motivated! Public record information provided
by third party. Agent has not verified public records, including
but not limited to permits, lot size, number of rooms or square
footage. Buyer to assume investigation of public records and verify
all prior to close of escrow. Neighborhoods: Rancho El Cajon
Other Fees: 0 Sewer: Sewer Available
Unit Size
-
Days on Market
41 days
Land Size
1.35 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2015
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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 #130003921)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2016 | Sold | ||
| Sold | |||
| Jul 27, 2016 | Listed by eXp Realty of California Inc | $924,900 | |
| Listed by eXp Realty of California Inc | |||
 | |||
|
This brand new custom home is located in the gated Shadow Hill Estates community. It sits on a private 1.35 acre lot with panoramic mountain & sunset views and just a block from Shadow Hill Park. It has a wide open floor plan with tile & wood flooring and high ceilings throughout including 20'+ ceilings at the main entry. The massive kitchen is dressed with Viking appliances, granite counters and butlers pantry. Thanks to no HOA, a three car garage and huge driveway, there is plenty of room for your toys. Neighborhoods: Shadow Hill Estates Equipment: Fire Sprinklers,Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected
| |||
| Feb 28, 2013 | Sold | ||
| Sold | |||
| Jan 18, 2013 | Listed by Century 21 Award | $199,900 | |
| Listed by Century 21 Award | |||
Property Highlights
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
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Sold On
Sold On
HOA + Taxes
About Santee
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ruth Pugh, Century 21 Award
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130003921
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130003921
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