Listed by: Frank Karako, LPT Realty, Inc.
$895,000
●
House -
Off Market
1325 Old Chase Avenue
El Cajon, CA 92020
3 Beds
2 Baths
2,600 Ft²
$3,826
Est. Monthly
About This Property
Have you been looking for the opportunity to own a premium property
surrounded by high end homes and equestrian properties that you can
remodel exactly the way you want? Existing 3 bedroom, 2 bath fixer
home is ready for your custom touch and sits atop a sloping 1.27
acre lot. Enjoy the views from the balcony and large windows and
leverage the lower pad off the driveway for a beautiful garden,
workshop or possibly even a second home or ADU. Nearby vacant lots
have sold for $700-800k++ and nearby homes selling for 1.5-2M+.
Don't miss out on this one! Be sure to check out the floor plans,
3D Matterport walk-through, and video renderings of example remodel
for ideas and planning purposes!
Unit Size
2,600 Ft²
Days on Market
98 days
Land Size
1.27 acres
Price per sqft
$300
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1949
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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 years ago (CRMLS #PTP2407058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Oct 25, 2024 | Listed by LPT Realty, Inc. | $779,000 | |
| Listed by LPT Realty, Inc. | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Casa de Oro-Mount Helix
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Listed by: Frank Karako, LPT Realty, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2407058
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PTP2407058
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