$460,000
●
House -
Off Market
9225 Penmar Road
Santee, CA 92071
4 Beds
2 Baths
1,209 Ft²
$821,521
RealtyHop Estimate
82.97%
Since Jun 1, 2016
CA-San Diego
Primary Model
About This Property
Relax and enjoy this family friendly 3 br, 2 ba + den, home in
desirable West Santee. Featuring sweeping views of the hills,
bi-level back yard, large patio, ceiling fans throughout, low
water landscape, new paint & flooring, new epoxy garage floor &
storage shed. Trees, fig, pomegranate, peach, plum, citrus.
Close to 52 and 125, walk to school & bike to Santee Lakes.
This home is convenient to all Santee has to offer. Excellent
neighborhood and highly rated schools await you. Come see this Gem!
Neighborhoods: santee lakes Equipment: Garage Door Opener,
Range/Oven, Shed(s) Other Fees: 0 Sewer: Sewer Connected
Unit Size
1,209 Ft²
Days on Market
106 days
Land Size
0.16 acres
Price per sqft
$371
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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 #160014795)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2021 | No longer available | - | |
| No longer available | |||
| Oct 7, 2021 | In contract | - | |
| In contract | |||
| Oct 2, 2021 | Price Decreased |
$699,000
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Sep 25, 2021 | Price Decreased |
$719,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Sep 21, 2021 | Price Decreased |
$729,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Santee
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Listed by: Cassandra Bedore, Keller Williams Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160014795
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160014795
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