1003 La Tierra Drive
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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 8, 2025 | In contract | - | |
| In contract | |||
| Nov 29, 2024 | Listed by TenFold Real Estate | $969,000 | |
| Listed by TenFold Real Estate | |||
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Charming Home with Stunning Mountain Views! Nestled in the serene community of Lake San Marcos, this 2-bedroom home offers breathtaking mountain views from both the kitchen and backyard. The open-concept kitchen seamlessly offers plenty of counter space and connects to the dining area, creating a perfect space for entertaining while soaking in the scenery. An optional office area just off the kitchen adds functionality and flexibility to the layout. There is also the potential to convert this area to a 3rd bedroom, making it one of the best values in Lake San Marcos! The spacious bedrooms are located on opposite sides of the living area, providing privacy and comfort. A 2-car garage with ample storage throughout the home ensure plenty of space for your belongings. Situated on a large corner pie-shaped lot, the property offers privacy and abundant outdoor space for relaxation or letting your pets roam freely. Lake San Marcos is a master planned community which offers an array of amenities, including a recreational lake with great fishing, two golf courses, pickleball and tennis courts, pools and charming local restaurants. Conveniently located just minutes from Carlsbad, major freeways, and pristine beaches, this home combines tranquility with accessibility. Don’t miss the opportunity to make this scenic retreat yours!
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| Oct 29, 2013 | Sold | ||
| Sold | |||
| Sep 24, 2013 | Listed by Surf 2 Summit Properties | $349,500 | |
| Listed by Surf 2 Summit Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017