1148 Emerald Heights Rd
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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Listed by eXp Realty of California, Inc. | $1,175,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Welcome to this stunning 4-bedroom, 2-bathroom home boasting 2,180 sq ft of living space and situated on a massive 1.2-acre lot with truly breathtaking panoramic views of the El Cajon Valley. Whether you're soaking in the sunrise or watching the city lights come alive at night, the scenery here is nothing short of spectacular. Inside, you’ll find brand new carpet in the living room and bedrooms, fresh exterior paint, and a dramatic vaulted ceiling in the living room anchored by a gorgeous stacked stone fireplace perfect for cozy evenings or entertaining guests. The oversized 2-car garage includes a bonus room/office, a full bathroom, and extra storage, offering great flexibility for remote work, hobbies, or even guest accommodations. Outside, there’s room for RV and boat parking, plus plenty of space for all your toys, trailers, or future plans. Enjoy the freshly turfed and fenced play area, raised planter boxes, and your own small greenhouse—ideal for those with a green thumb or anyone looking to live the outdoor lifestyle. With its unbeatable combination of space, views, and versatility, this El Cajon gem is a rare find. Come see the potential and make it your own!
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| Nov 20, 2019 | Sold | ||
| Sold | |||
| Oct 24, 2019 | Listed by Reef Point Realty, Inc | $599,999 | |
| Listed by Reef Point Realty, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017