$408,000
●
House -
Off Market
346 Patricia Ln
El Cajon, CA 92020
3 Beds
1 Bath
1,120 Ft²
$749,789
RealtyHop Estimate
80.67%
Since Nov 1, 2016
CA-San Diego
Primary Model
About This Property
Great family home with an open floor plan and lots of light with
numerous upgrades including all new dual paned windows, all new
upgraded laminate flooring, kitchen was remodeled and is gorgeous,
ceiling fans in every room, new exterior and interior paint, and a
strong wall AC unit for the extra hot days. The back yard is
something else, it's extra large with a very spacious covered
patio, top of the line playground equipment, plenty of RV parking
and a large shed/building for storage, business, etc.
Neighborhoods: El Cajon Equipment: Range/Oven, Shed(s) Other
Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
1,120 Ft²
Days on Market
54 days
Land Size
0.21 acres
Price per sqft
$371
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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: 4 months ago (SDMLS #160047515)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Listed by eXp Realty of Southern California, Inc. | $715,000 | |
| Listed by eXp Realty of Southern California, Inc. | |||
| | |||
|
Beautifully updated 3-bedroom home on a HUGE 9,200 lot in a central El Cajon. Step inside to find a light-filled open floor plan with all new dual-pane windows, upgraded laminate flooring, and fresh interior and exterior paint. The remodeled kitchen shines with modern finishes, while ceiling fans in every room and a powerful wall A/C unit keep the home comfortable year-round. Additional upgrades include a newer roof and fully paid solar. Outdoors, the possibilities are endless. Enjoy a spacious covered patio and a large storage building perfect for all of your toys and hobbies. The expansive 9,200 Sq Ft offers RV/boat parking with convenient side-gate access. Just minutes from freeways, shopping, and schools, this home combines comfort, upgrades, and flexibility in one great package!
| |||
| Oct 18, 2016 | Sold | ||
| Sold | |||
| Aug 25, 2016 | Listed by Windermere Homes & Estates | $415,000 | |
| Listed by Windermere Homes & Estates | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Sold On
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HOA + Taxes
About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Norm Merrill, Windermere Homes & Estates
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160047515
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160047515
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