$280,000
●
House -
Off Market
9531 Frascati Way
Santee, CA 92071
3 Beds
2 Baths
1,050 Ft²
$506,445
RealtyHop Estimate
91.11%
Since Nov 1, 2015
CA-San Diego
Primary Model
About This Property
Major fixer. Cash offers only. Interior partially
gutted. Neighborhoods: Santee Equipment: Range/Oven Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,050 Ft²
Days on Market
120 days
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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Cap Rate Calculator
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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: 5 months ago (SDMLS #150031397)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 24, 2016 | Sold | ||
| Sold | |||
| Dec 28, 2015 | Listed by RE/MAX Hometown, Realtors | $439,000 | |
| Listed by RE/MAX Hometown, Realtors | |||
| | |||
|
MOVE IN READY….This gorgeous renovation is ready for your most discriminating buyers. Fantastic finishes complete this excellent home with all new roof, stucco, both baths, incredible kitchen, wood floors, doors, landscape…the works. Huge fully usable lot with a large new wood patio cover is ready for your finishing touches. Just imagine the possibilities with this pool size yard. The floor plan was modified to create a large great room concept for the main living area. Don't miss out on this one! Neighborhoods: Santee Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL Guest House Est. SQFT: 0
| |||
| Oct 5, 2015 | Sold | ||
| Sold | |||
| Jun 7, 2015 | Listed by RE/MAX Hometown, Realtors | $265,000 | |
| Listed by RE/MAX Hometown, Realtors | |||
Property Highlights
Air Conditioning
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
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Santee
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Listed by: Kelly Jones, RE/MAX Hometown, Realtors
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150031397
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150031397
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