$855,000
●
House -
Off Market
2238 Charles Way
El Cajon, CA 92020
3 Beds
2 Baths
1,240 Ft²
$3,924
Est. Monthly
About This Property
Beautifully renovated single-level home in the desirable Fletcher
Hills area of El Cajon. This 3-bedroom, 2-bath residence offers a
bright and open layout with thoughtful upgrades throughout. The
updated kitchen features modern finishes, ample cabinetry, and
flows seamlessly into the dining space. Ideal for both everyday
living and entertaining. Both bathrooms have been tastefully
remodeled, and the home is equipped with central air conditioning
for year-round comfort. Situated on a generous lot, the property
includes a spacious backyard with mature trees and room to relax,
garden, or expand. Additional highlights include a one-car
garage, beautiful front yard and a convenient location near local
schools, parks, shopping, and dining. A desirable home that offers
the perfect blend of style, comfort and location.
Unit Size
1,240 Ft²
Days on Market
33 days
Land Size
0.16 acres
Price per sqft
$644
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 5 months ago (SDMLS #NDP2604420)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 9, 2026 | Sold | ||
| Sold | |||
| May 15, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by Berkshire Hathaway HomeService | $799,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About El Cajon
Similar Homes for Sale
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Listed by: Bryan Devore, Berkshire Hathaway HomeService
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NDP2604420
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NDP2604420
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