$437,000
●
House -
Off Market
9649 Lutheran Way
Santee, CA 92071
4 Beds
2 Baths
1,274 Ft²
$763,739
RealtyHop Estimate
67.89%
Since Dec 1, 2017
CA-San Diego
Primary Model
About This Property
Charming home located in the heart of Santee! This home has been
maintained well and is ready for you to put your finishing touches
with a little TLC. Outside find Texcoat stucco, dual pane windows,
refaced cabinets, & blown in insulation completed a few years ago.
Inside is a spacious floorplan with a bonus room off the kitchen
that can be used as a 4th bedroom. The yard is terraced and has a
spa with a Gazebo to relax in. You are close to schools, shops &
everything else this great community offers! Neighborhoods: Carlton
Hills Other Fees: 0 Sewer: Sewer Available Topography: LL
Unit Size
1,274 Ft²
Days on Market
61 days
Land Size
0.18 acres
Price per sqft
$357
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1968
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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 #170050521)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 27, 2017 | Sold | ||
| Sold | |||
| Sep 27, 2017 | Listed by eXp Realty of California Inc | $454,900 | |
| Listed by eXp Realty of California Inc | |||
| Oct 24, 2014 | Sold | ||
| Sold | |||
| May 10, 2014 | Listed by Cabins to Castles Realty | $398,500 | |
| Listed by Cabins to Castles Realty | |||
 | |||
|
Motivated seller- reduced to $389,000-$399,999- This home has been lovingly cared for as upgrades reflect. Exterior stucco is Texcoat, dual pane low-e windows, solid surface counters, cabinets have been refaced, blown in insulation, newer appliances. There is a bonus room- currently being used as an office/ gym (it has a closet). It is conveniently located between the kitchen and garage. The back yard has been terraced for ez care and is complete with a spa under a bar/gazebo. This home is immaculate. Neighborhoods: Carlton Hills Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Santee
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Listed by: Jessica Macias, eXp Realty of California Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170050521
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170050521
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