545 Ballantyne
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 |
|---|---|---|---|
| Oct 21, 2025 | Price Decreased |
$699,900
↓ $25K
(3.5%) | |
| Price Decreased | |||
| Sep 9, 2025 | Listed | $725,000 | |
| Listed | |||
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Welcome to 545 Ballantyne St, El Cajon, CA 92020. Step inside to discover brand-new flooring throughout and a stunning new kitchen featuring sleek cabinetry, modern backsplash, new appliances, a stylish hood, and a show-stopping waterfall island perfect for entertaining. Recessed lighting and fresh interior paint create a bright, welcoming atmosphere in every room. Both bathrooms have been tastefully upgraded, including new cabinetry and a luxurious walk-in shower in one of the baths, providing a spa-like experience at home. Centrally located in the heart of El Cajon, this beautifully updated home offers modern living with unbeatable convenience. Just minutes from shopping, dining, schools, and freeway access, you’ll love being close to everything while enjoying the comfort of a freshly renovated space. Whether you're a first-time buyer or looking for a turnkey property in a prime location, this home is move-in ready and waiting for you. Don’t miss the opportunity to make it yours!
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| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Jan 13, 2025 | Listed by Premier Agency Real Estate Inc. | $660,000 | |
| Listed by Premier Agency Real Estate Inc. | |||
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Come and check out this beautiful house in El Cajon City this house is approved for FHA first-time home buyers, VA & conventional loans The house has a big size lot and the potential to add additional rooms or ADU the house is within walking distance to the local supermarket coffee shops and all El Cajon Center activities like a classic car show and medical offices if you want to know whether you can buy at this time or not we can help you. buyer and buyer agent to verify all information regarding size and permit to add additions
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017