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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 |
|---|---|---|---|
| May 25, 2022 | No longer available | - | |
| No longer available | |||
| May 5, 2022 | In contract | - | |
| In contract | |||
| Apr 5, 2022 | Listed by Affinity Hills Realty | $2,400,000 | |
| Listed by Affinity Hills Realty | |||
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Welcome to paradise! This relaxing escape is peacefully situated on tree lines streets in the very desirable, but rarely available, gated community of Stone Point. With awe inspiring views of San Pasqual Valley, local wineries, and Lake Hodges, this 5 bedroom 4.5 bath home is large enough to entertain large groups of friends while at the same time not losing its intimate, cozy feeling, when its time to warm up next to the fire with a good book. Richly appointed spaces include a master bedroom with breathtaking views of the valley and lake, a bright, well planned out kitchen, vaulted ceilings, and an office perfect for those who work at home. High dollar upgrades abound throughout! The views from the professionally hardscaped backyard are nothing short of breathtaking. You will appreciate feeling like your are at your own mountain chateau, away from the world, while only being a short drive from the freeway and all the best San Diego county has to offer. Your dream home awaits! Remember, when you buy in San Diego, buy lifestyle! The manager has listed the unit size as 4988 square feet.
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| Nov 16, 2016 | Sold | ||
| Sold | |||
| Sep 1, 2016 | Listed by Pacific Preferred | $1,061,000 | |
| Listed by Pacific Preferred | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017