2431 Cleat Lane 301, Sacramento, CA 95818, Sacramento, 95818 - 1 bed, 2 bath
2431 Cleat Lane 301
Sacramento, CA 95818
Property Price
SUMMARY
Analysis of 2431 Cleat Lane 301, Sacramento, CA 95818 is currently available with a list price of $360,000. 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 the highest quality standards. It features a modern open-concept kitchen with quartz countertops and stainless steel appliances, contemporary bathrooms, and upgraded finishes throughout. As a recent construction within the last 10 years, all systems and components are in pristine condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker/Riverside Elementary School (9/10).
- Modern Construction & Upgraded Finishes
Built in 2022, this contemporary condo features high-end quartz countertops, stainless steel appliances, and an open-concept layout that provides a move-in-ready experience with modern aesthetics.
- Prime Urban Location
Situated in the desirable 'Mill at Broadway' community, the property offers exceptional proximity to Downtown Sacramento, Midtown, DOCO, and the Golden 1 Center, making it ideal for urban professionals.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At just 680 square feet, the compact one-bedroom footprint may feel restrictive for buyers who require a dedicated home office or additional living space.
- High Monthly HOA Fees
The $401 monthly association fee represents a significant recurring expense that may impact overall affordability and reduce the net rental yield for potential investors.
About 2431 Cleat Lane 301
Welcome to The Mill at Broadway, just minutes from Downtown Sacramento. This modern 1-bedroom, 1.5-bath condo offers open-concept living with abundant natural light and upgraded finishes throughout. Built in 2022, it features a contemporary kitchen with quartz countertops and stainless steel appliances, a spacious bedroom, modern bath, and in-unit washer and dryer. Enjoy a private balcony with city views, plus a one-car garage with additional storage. The Mill offers resort-style amenities including walking paths, bocce ball courts, BBQ areas, and dog parks. Minutes from Midtown, DOCO, Golden 1 Center, and the future home of the Athletics and Kings. Ideal for first-time buyers, professionals, or investors
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- 680 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $401 / 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 | 1.0 | 2.0 | 30% |
| Baths | 2.0 | 3.0 | 30% |
| Square foot | 680 | 1,010 | 20% |
| Lot Size | 680 | - | 70% |
| Price | $360.0K | $425.0K | 20% |
| Price per sq ft | $529 | $425 | 90% |
| Built year | 2022 | 2020 | 90% |
| HOA | $401 | $148 | 90% |
| Days on market | 64 | 184 | 10% |
Pricing History
Listed for Sale
Jan 2, 2026
$360,000
Initial Listing
Sold
Jul 22, 2022
$295,000
Public Record