1537 Drell Court
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 |
|---|---|---|---|
| May 14, 2025 | Price Increased |
$765,000
↑ $15K
(2%) | |
| Price Increased | |||
| May 12, 2025 | Listed | $750,000 | |
| Listed | |||
| | |||
|
Welcome to 1537 Drell Court, a charming 3-bedroom, 2-bathroom single-family home nestled in a peaceful private cul-de-sac in El Cajon. Offering 1,099 square feet of cozy living space, this home is perfect for those seeking both comfort and functionality. Situated on a spacious 7,405 square foot lot, there's plenty of room to create your dream outdoor oasis. Step inside and enjoy the fresh, modern appeal of new flooring throughout, giving the home a contemporary touch. With paid-off solar panels, you'll benefit from energy efficiency and lower utility costs. The home also boasts a five-year-old roof, ensuring peace of mind for years to come. The backyard is an entertainer’s dream, with ample space to grow your own garden, set up a trampoline, or host memorable gatherings. This home provides the perfect balance of relaxation and outdoor enjoyment. Located in a tranquil neighborhood, yet close to amenities, shopping, and schools, 1537 Drell Court is the ideal place to call home. Don’t miss out on this wonderful opportunity to own a home with room to grow and a fantastic lifestyle to offer!
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| Nov 14, 2012 | Sold | ||
| Sold | |||
| Jun 27, 2012 | Listed by Wannebo Real Estate Group | $245,000 | |
| Listed by Wannebo Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017