$400,000
●
House -
Off Market
9481 Terrywood Road
Santee, CA 92071
3 Beds
2 Baths
1,408 Ft²
$918,727
RealtyHop Estimate
130.26%
Since May 1, 2013
CA-San Diego
Primary Model
About This Property
Massive remodel just completed! Turnkey single-story home on big,
elevated corner lot. New roof, new windows, redone kitchen and
bathrooms. New furnace. Enjoy the large trees and views from your
backyard re-plastered POOL. Detached 2-car garage, plus side
driveway with room for RV, etc. Lawn sprinklers. Many more
upgrades, too. See supplemental remarks for more info. Quiet
neighborhood minutes from Santee Lakes and Mast Park. NOT a short
sale or bank-owned; private seller responds to offers fast!
Neighborhoods: Santee Equipment: Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: GSL
Unit Size
1,408 Ft²
Days on Market
41 days
Land Size
0.21 acres
Price per sqft
$283
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 #130011576)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2013 | Sold | ||
| Sold | |||
| Mar 7, 2013 | Listed by Bennion Deville Homes | $399,000 | |
| Listed by Bennion Deville Homes | |||
| Nov 2, 2012 | Sold | ||
| Sold | |||
| Aug 9, 2012 | Listed by Bennion Deville Homes | $215,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
|
Perfect for fix-and-flip investors. Cash only due to condition. Short sale fixer with pool; detached 2-car garage. Tax records say 4bedrooms, but there are only 3. Seller says former garage was converted to family room WITH permits; family room included in sq. footage. Master bath gutted due to plumbing leak between master and main bathroom. Pool nearly empty. One loan (BofA); using negotiator experienced in BofA short sales.
| |||
Property Highlights
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
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ft²
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About Santee
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Listed by: Sean Hillier, Bennion Deville Homes
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130011576
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130011576
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