$107,000
●
Condo -
Off Market
888 Cherrywood Way #21
El Cajon, CA 92021
2 Beds
1 Bath,
1
Half Bath
1,024 Ft²
$302,315
RealtyHop Estimate
177.35%
Since Feb 1, 2012
CA-San Diego
Primary Model
About This Property
Homepath Mortgage and Homepath Renovation Mortgage approved!
Purchase for as little as 3% down. Don't miss this great
opportunity for this 2BR/2BA condo in El Cajon. This 1,024 square
foot home is perfect for investors. 2 story townhome with your own
private patio. Huge living room and washer and dryer hook ups in
unit! Located close to shopping and schools. No Neighbors above or
below! Small and quiet complex! Complex has a great swimming pool.
See Supplement... Parking and HOA information contained
herein is deemed reliable but is not guaranteed, buyer and buyer's
agent to verify. AGENTS: Please read this entire listing: Fannie
Mae has gone through the foreclosure proceedings and this is now a
Fannie Mae owned home. There will not be a long approval process to
negotiate with the bank. Please write and submit only reasonable
offers (no low ball offers) - Seller is motivated. The Seller has
never occupied the property and is exempt from supplying the buyer
with a TDS. This home is being sold in its current condition. The
Buyer is to complete thorough inspections prior to expiration of
contingencies. The Buyer and Agent shall verify all information
contained herein. All measurements are approximate- Buyer and Agent
should verify measurements and information before COE. Information
contained herein is deemed reliable but is not guaranteed. All of
our properties are available unless otherwise noted here in the
MLS. Equipment: Range/Oven Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,024 Ft²
Days on Market
-
Land Size
-
Price per sqft
$106
Property Type
Condo
Property Taxes
-
HOA Dues
$235
Year Built
-
Payment Calculator
Home Price
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #110061540)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2012 | Sold | ||
| Sold | |||
| Nov 7, 2011 | Listed by RE/MAX Associates | $109,000 | |
| Listed by RE/MAX Associates | |||
Property Highlights
Parking Available
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Appliances: Dishwasher, Disposal, Gas Water Heater
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, In Kitchen
Exterior Details
Has Property Attached
Square Footage: 1024
Square Footage Source: $0
Architectural Style: Contemporary
Year Built: 1979
Levels: Two
Construction Materials: Stucco
Patio and Porch Features: Covered
Pool Features: Community
Lot Size Units: Square Feet
Tax Lot: 888Cherrywood2192021
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Amenities: Trash, Water
HOA Fee: $235
HOA Fee Frequency: Monthly
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2026
|
2 Bed
|
1 Bath
|
1024 ft²
|
$399,000
2 Bed
1 Bath
1024 ft²
|
$399,000
07/01/2026
|
Alexandrea Valiere
Berry Realty Group
| |
|
04/04/2025
|
2 Bed
|
1 Bath
|
1024 ft²
|
$439,000
2 Bed
1 Bath
1024 ft²
|
$410,000
-6.61%
09/19/2025
|
Connie Malkiewicz
BHGRE Brush & Associates
| |
|
02/20/2025
|
2 Bed
|
1 Bath
|
1024 ft²
|
$425,000
2 Bed
1 Bath
1024 ft²
|
$435,000
+2.35%
05/27/2025
|
Marcia Parkes
Coldwell Banker West
| |
|
03/20/2023
|
2 Bed
|
1.5 Bath
|
1024 ft²
|
$425,000
2 Bed
1.5 Bath
1024 ft²
|
$437,000
+2.82%
04/28/2023
|
Kathleen Romo
Coldwell Banker West
| |
|
07/23/2021
|
2 Bed
|
2 Bath
|
1024 ft²
|
$350,000
2 Bed
2 Bath
1024 ft²
|
$365,000
+4.29%
10/05/2021
|
KIMBERLY OLBRICH
CENTURY 21 CITRUS REALTY INC
| |
|
08/20/2020
|
2 Bed
|
2 Bath
|
1024 ft²
|
$310,000
2 Bed
2 Bath
1024 ft²
|
$296,000
-4.52%
10/23/2020
|
Flora Habib
| |
|
05/19/2020
| |
2 Bed
|
2 Bath
|
1024 ft²
|
$279,000
2 Bed
2 Bath
1024 ft²
|
-
-
|
-
|
|
10/16/2019
|
2 Bed
|
1 Bath
|
1024 ft²
|
$274,900
2 Bed
1 Bath
1024 ft²
|
$262,500
-4.51%
11/13/2019
|
Daniel Graff
Graff Realty, Inc.
| |
|
03/22/2019
|
2 Bed
|
1 Bath
|
1024 ft²
|
$279,000
2 Bed
1 Bath
1024 ft²
|
$272,000
-2.51%
05/03/2019
|
JoAnne Krause
Century 21 Award
| |
|
09/26/2018
|
2 Bed
|
2 Bath
|
1024 ft²
|
-
2 Bed
2 Bath
1024 ft²
|
-
-
|
-
| |
|
08/20/2018
|
2 Bed
|
1 Bath
|
1024 ft²
|
$264,900
2 Bed
1 Bath
1024 ft²
|
$260,000
-1.85%
10/16/2018
|
Steven Friesen
Keller Williams Realty
| |
|
04/20/2018
|
2 Bed
|
1 Bath
|
1024 ft²
|
$239,995
2 Bed
1 Bath
1024 ft²
|
$242,000
+0.84%
05/24/2018
|
Justin Roberts
Compass
| |
|
09/13/2017
|
2 Bed
|
1 Bath
|
1024 ft²
|
$244,500
2 Bed
1 Bath
1024 ft²
|
$250,000
+2.25%
10/10/2017
|
LJ Woodard
One Percent Listing Group, Inc
| |
|
03/30/2016
|
2 Bed
|
1 Bath
|
1024 ft²
|
$214,999
2 Bed
1 Bath
1024 ft²
|
$205,000
-4.65%
06/01/2016
|
Jodi Elliott
Coldwell Banker Realty
| |
|
02/18/2014
|
2 Bed
|
1 Bath
|
1024 ft²
|
$169,000
2 Bed
1 Bath
1024 ft²
|
$174,000
+2.96%
05/05/2014
|
Patrick Law
Law Marani Real Estate
| |
|
04/05/2012
|
2 Bed
|
1 Bath
|
1024 ft²
|
$80,000
2 Bed
1 Bath
1024 ft²
|
$83,000
+3.75%
09/13/2012
|
Leroy Patton
HomeSmart Realty West
| |
|
11/07/2011
|
2 Bed
|
1 Bath
|
1024 ft²
|
$109,000
2 Bed
1 Bath
1024 ft²
|
$107,000
-1.83%
01/18/2012
|
Chris Townson
eXp Realty of California, Inc.
|
Building Info
About El Cajon
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Chris Townson, RE/MAX Associates
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 110061540
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 110061540
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