9877 Caspi Gardens Drive #8
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%.
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by Century 21 Affiliated | $350,000 | |
| Listed by Century 21 Affiliated | |||
| |||
|
3-bedroom 2 bath corner unit in a prime Santee location. This 1,120 sq ft single-level home. A convenient One Car Garage and One designated parking space. Spacious living room and an open kitchen. Laundry room inside unit. Located in the community of Riderwood Gardens, the community is completely gated with pools and playground.
| |||
| May 31, 2012 | Sold | ||
| Sold | |||
| Oct 10, 2011 | Listed by Alliance Group | $137,000 | |
| Listed by Alliance Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/15/2026
|
3 Bed
|
2 Bath
|
1144 ft²
|
$350,000
3 Bed
2 Bath
1144 ft²
|
$350,000
05/29/2026
|
Qian Chen
Century 21 Affiliated
| |
|
06/16/2018
|
3 Bed
|
2 Bath
|
1120 ft²
|
$355,000
3 Bed
2 Bath
1120 ft²
|
$360,000
+1.41%
07/20/2018
|
Tina Casen
Exit Alliance Realty
| |
|
03/10/2017
|
3 Bed
|
2 Bath
|
1144 ft²
|
$335,000
3 Bed
2 Bath
1144 ft²
|
$335,500
+0.15%
04/27/2017
|
Jim Carmichael
Keller Williams Realty
| |
|
03/26/2015
|
3 Bed
|
2 Bath
|
1144 ft²
|
$265,000
3 Bed
2 Bath
1144 ft²
|
$275,000
+3.77%
05/19/2015
|
Cote Perkins
Coronado Island Realty
| |
|
07/03/2014
|
3 Bed
|
2 Bath
|
1144 ft²
|
$249,000
3 Bed
2 Bath
1144 ft²
|
$240,000
-3.61%
08/20/2014
|
Karen Whitfield
RE/MAX Hometown, Realtors
| |
|
10/10/2011
|
3 Bed
|
2 Bath
|
1144 ft²
|
$137,000
3 Bed
2 Bath
1144 ft²
|
$137,000
05/31/2012
|
Glen Henderson
LPT Realty, Inc
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017