9829 Caspi Gardens Drive #5
About This Property
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by eXp Realty of California, Inc. | $524,767 | |
| Listed by eXp Realty of California, Inc. | |||
| Nov 28, 2022 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by Coldwell Banker West | $475,000 | |
| Listed by Coldwell Banker West | |||
| | |||
|
Pristine single level, first floor, two bedroom, one and a half bath condo located in Santee’s desirable GATED community, Riderwood Gardens! This condo has been beautifully updated with new kitchen cabinets, quartz countertops and stainless steel appliances. The master bedroom has a huge closet with CUSTOM shelving. Cozy up during the colder days with your very own FIREPLACE, enjoy central heat and air, newer double paned windows and in unit LAUNDRY. Park in your single car GARAGE and/or in the additional uncovered assigned parking space. The community includes a pool, spa and play area and the HOA fees are still quite low at $240/month.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/30/2026
|
3 Bed
|
2 Bath
|
1348 ft²
|
$599,000
3 Bed
2 Bath
1348 ft²
|
$515,000
-14.02%
05/08/2026
|
Michael Kovac
Coldwell Banker Realty
| |
|
12/05/2025
|
2 Bed
|
1 Bath
|
962 ft²
|
$510,000
2 Bed
1 Bath
962 ft²
|
$480,000
-5.88%
04/17/2026
|
Rene McGonigle
Real Broker
| |
|
06/24/2025
|
2 Bed
|
1 Bath
|
962 ft²
|
$524,767
2 Bed
1 Bath
962 ft²
|
$510,767
-2.67%
08/06/2025
|
Isabel Diaz
Brush Real Estate Services Inc
| |
|
04/16/2024
|
3 Bed
|
2 Bath
|
1348 ft²
|
$685,000
3 Bed
2 Bath
1348 ft²
|
-
-
|
Joseph Iuliucci
Keller Williams Realty
| |
|
10/20/2022
|
2 Bed
|
1 Bath
|
962 ft²
|
$475,000
2 Bed
1 Bath
962 ft²
|
$485,000
+2.11%
11/28/2022
|
Amber Tannehill
Coldwell Banker West
| |
|
04/01/2020
|
2 Bed
|
2 Bath
|
962 ft²
|
$350,000
2 Bed
2 Bath
962 ft²
|
$350,000
06/12/2020
|
Jeremy McHone
| |
|
06/12/2015
|
2 Bed
|
1 Bath
|
962 ft²
|
$230,000
2 Bed
1 Bath
962 ft²
|
$245,000
+6.52%
08/07/2015
|
Brandy Pike
eXp Realty of California Inc
| |
|
01/04/2012
|
3 Bed
|
2 Bath
|
1144 ft²
|
$144,900
3 Bed
2 Bath
1144 ft²
|
$130,000
-10.28%
01/23/2012
|
Jonathan Mann
Strata Property Solutions Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017