2431 Cleat Lane 101, Sacramento, CA 95818, Sacramento, 95818 - 3 bed, 3 bath

2431 Cleat Lane 101
Sacramento, CA 95818
Property Price
SUMMARY
Analysis of 2431 Cleat Lane 101, Sacramento, CA 95818 is currently available with a list price of $550,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Sacramento Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2022, this property is virtually new and meets all current quality standards. It features a modern kitchen with a quartz island and stainless steel appliances, vinyl plank flooring, and energy-efficient systems like a tankless water heater, with no signs of physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker/Riverside Elementary School (9/10).
- Flexible Living Options
The unique downstairs studio suite with a separate entrance, full bath, and mini-fridge offers exceptional versatility for rental income, multigenerational living, or a private home office.
- Modern Turn-Key Construction
Built in 2022, this corner-unit home features contemporary finishes including quartz countertops, vinyl plank flooring, and energy-efficient upgrades like a tankless water heater and dual-pane windows.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $510 monthly association fee is a significant recurring cost that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Inconsistent School Ratings
While the property is near a high-performing elementary school, several other assigned schools in the immediate vicinity have low ratings, which could be a concern for families prioritizing education.
About 2431 Cleat Lane 101
One of the best floor plans in The Mill at Broadway! This 3-bedroom, 3-bath townhome-like condo offers exceptional flexibility with a private downstairs studio suite with full bath, mini fridge and seperate entrance ideal for multigenerational living, roommates, primary suite or rental potential. Upstairs, expansive windows fill the open-concept living space with natural light. The modern kitchen features a large quartz island, stainless steel appliances with gas range and pantry. Enjoy two covered balconies, including a private wraparound balcony off the spacious primary suite. Additional highlights include vinyl plank flooring, central HVAC, tankless water heater, keyless entry, dual-pane windows and in-unit washer/dryer. This corner unit is located across from a 4-acre park with dog runs, a walking track and a local market. The Central Lofts at The Mill at Broadway comes with additional HOA amenities such as insurance, roof and exterior maintenance and water to provide extra peace of mind and long-term savings. Minutes from downtown Sacramento the Farm to Fork capital, Golden 1 and more. This home offers the perfect blend of modern comfort and urban convenience!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $510 / Month
Neighborhood Insights
Sacramento Unified Schools
Leataata Floyd Elementary School
Grades K-6 • 0.3 mi
William Land Elementary School
Grades K-6 • 0.7 mi
Crocker/Riverside Elementary School
Grades K-6 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 90% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,501 | 1,012.5 | 90% |
| Lot Size | - | - | 50% |
| Price | $550.0K | $430.0K | 90% |
| Price per sq ft | $366 | $420 | 20% |
| Built year | 2022 | 2020 | 90% |
| HOA | $510 | $148 | 90% |
| Days on market | 16 | 184 | 10% |
Pricing History
Listed for Sale
Feb 19, 2026
$550,000
Initial Listing
Sold
Jul 22, 2022
$489,000
Public Record


















































