$525,000
●
House -
Off Market
1014 Sumner
El Cajon, CA 92021
1 Bed
1 Bath
582 Ft²
$2,824
Est. Monthly
About This Property
Well-maintained 1 bed, 1 bath home in El Cajon offering comfort,
character, and exceptional value. The home features a functional
layout with great natural light and beautiful hardwood floors that
bring warmth and charm to the living space. Step outside to a
large, usable 7,000+ sq ft lot, providing ample space for outdoor
living, gardening, or simply enjoying the privacy that's hard to
find at this price point. With no HOA and room to spread out, this
property offers a level of freedom that condos simply can't match.
All of this at a price point below many comparable condos, making
it an excellent opportunity for buyers looking to own a detached
home with land. As an added bonus, the property is situated on an
R2-zoned lot, offering future flexibility and potential options for
expansion.
Unit Size
582 Ft²
Days on Market
131 days
Land Size
0.16 acres
Price per sqft
$988
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (SDMLS #260008951SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| Apr 15, 2026 | Listed by Palisade Realty Inc | $575,000 | |
| Listed by Palisade Realty Inc | |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Bostonia
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Listed by: Jeremy McHone, Palisade Realty Inc
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 260008951SD
Last Updated: 2 months ago
Data Source: CRMLS, MLS# 260008951SD
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