9942 Theresa Lane
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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by LPT Realty,Inc | $979,900 | |
| Listed by LPT Realty,Inc | |||
| | |||
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Don't miss this beautifully updated single-story home in the sought-after Theresa Meadows community of Santee! Built in 1996, this spacious residence features vaulted ceilings and abundant natural light, creating an inviting atmosphere throughout. Solar helps keep your utility bills to a minimum, and the panels are only approximately 3.5 years old. The recently remodeled kitchen boasts modern finishes, generous cabinet space, and a large pantry, all of which seamlessly open to the comfortable family room, making it perfect for entertaining. Additional living and dining areas offer flexibility for gatherings of any size. The three bedrooms are much larger than average and provide plenty of room for the family. The back and side yards offer endless possibilities for outdoor fun, barbecues, and gardening, with convenient space to park your RV, boat, or trailer. An attached 3-car garage provides ample storage and convenience. Solar panels and central A/C ensure year-round efficiency and comfort, and a backup generator with transfer switch ensures that you always have power. Ideally located within walking distance to top-rated Santee schools, the Sportsplex, YMCA, vibrant concerts in the park, Town Center shopping, and local parks, this home is not one that you want to miss! No HOA dues!
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| May 30, 2025 | Listed | $999,900 | |
| Listed | |||
| | |||
|
Don't miss this beautifully updated single-story home in the sought-after Theresa Meadows community of Santee! Built in 1996, this spacious residence features vaulted ceilings and abundant natural light, creating an inviting atmosphere throughout. The recently remodeled kitchen boasts modern finishes, generous cabinetry, and a large pantry, all of which seamlessly open to the comfortable family room, making it perfect for entertaining. Additional living and dining areas offer flexibility for gatherings of any size. The three bedrooms are huge and provide plenty of room for the family. The expansive backyard and side yard offer endless possibilities for outdoor fun, barbecues, and gardening, with convenient space to park your RV, boat, or trailer. An attached 3-car garage provides ample storage and convenience. Solar Panels and central A/C ensure efficiency and comfort year-round. Ideally located within walking distance to top-rated Santee schools, the Sportsplex, YMCA, vibrant concerts in the park, Town Center shopping, and local parks, this home is not one that you want to miss! No HOA dues!
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| Aug 2, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017