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1661 Grove Rd
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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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jun 24, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Listed by Compass | $947,000 | |
| Listed by Compass | |||
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Welcome to this beautifully renovated, single-level home on Grove Road—offering a peaceful retreat that’s still close to everything. Nestled in the heart of El Cajon, this 3-bedroom, 2-bathroom home with a versatile bonus room features 1,909 sq. ft. of open and inviting living space on a hard-to-find 0.34-acre lot. This property has been fully renovated and feels like a brand-new build, showcasing fresh paint, new luxury vinyl flooring, updated bathrooms, and a warm, functional kitchen designed for connection and convenience. The backyard is a true entertainer’s dream—complete with a built-in BBQ, firepit, turf, and breathtaking views—all designed with low-maintenance living in mind. Enjoy fruit from your very own trees, including passion fruit, oranges, lemons, and more. A storage shed offers added functionality, and there’s ample space for RV parking or the potential to add an ADU. It’s rare to find a move-in-ready home with land like this—private and serene, yet just minutes from shopping, restaurants, and major freeways. Don’t miss this incredible opportunity to own a slice of El Cajon paradise that’s ready to enjoy from day one!
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| May 1, 2025 | Listed | $965,000 | |
| Listed | |||
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Discover modern country living at its finest with this serene property on Grove Road! This beautifully renovated open floor plan, single-level home exudes pride of ownership and offers 1,909 square feet of private living space, featuring 3 bedrooms, 2 full bathrooms, and a versatile bonus room. Situated on a 0.34-acre lot, there’s ample parking for recreational vehicles or the potential to add an ADU. The backyard is an entertainer’s dream, complete with a built-in BBQ, firepit, turf, and breathtaking views. Enjoy fresh fruit from your own trees, including passion fruit, oranges, lemons, and more. A convenient storage shed is also included. This home has been fully renovated with fresh paint, new luxury vinyl flooring, updated bathrooms, and a warm and inviting kitchen, perfect for gathering and creating memorable meals. Centrally located near shopping centers, freeways, and restaurants, this property offers both comfort and convenience.
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| Jun 5, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017