$630,000
●
House -
Off Market
9735 Lutheran Way
Santee, CA 92071
4 Beds
2 Baths
1,248 Ft²
$888,523
RealtyHop Estimate
39.92%
Since Nov 1, 2020
CA-San Diego
Primary Model
About This Property
This is THE HOUSE you've been looking for! A friendly community
where parents push babies in strollers, kids play, and families
walk their dogs. This remodeled and wonderfully maintained 4
bedroom home features an open floor plan, wood flooring throughout,
beautiful granite counters in the kitchen, recessed lighting, dual
pane windows and slider, central A/C, newly painted interior and
exterior, large front yard, and a peaceful patio in a landscaped
backyard meant for good times and making memories. With this home
you will enjoy an easy 1/2 mile walk to Rio Seco Elementary and
Middle Schools, YMCA and soccer/baseball fields at the Sportsplex.
And short 1 mile walk to Santee Lakes and the newly renovated Mast
park. The large lot extends beyond the fence includes mature trees,
including a large orange tree in front that produces lots of fruit
and rows of cypress trees in front and backyard that increase the
feelings of privacy.
Unit Size
1,248 Ft²
Days on Market
26 days
Land Size
-
Price per sqft
$509
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1988
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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: 13 months ago (SDMLS #200045480)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2020 | Sold | ||
| Sold | |||
| Sep 24, 2020 | No longer available | - | |
| No longer available | |||
| Sep 17, 2020 | Listed by Coldwell Banker West | $635,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Garage
Air Conditioning
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Norman Bramstedt, Coldwell Banker West
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 200045480
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 200045480
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