$799,000
●
House -
For Sale
1004 Santa Margarita Drive
Fallbrook, CA 92028
3 Beds
2 Baths,
1
Half Bath
1,680 Ft²
$3,924
Est. Monthly
About This Property
QUIET FALLBROOK SETTING with a HUGE, open yard. This fully
remodeled 3-bed, 2.5-bath home pairs modern farmhouse style with a
bright, functional layout. The chef's kitchen anchors the living
space with new cabinetry, quartz counters, a large island, and
dedicated coffee bar, creating an easy flow for everyday living and
entertaining. Spa-inspired baths feature designer tile, while the
primary offers a dual vanity and walk-in shower. New flooring,
cabinets, windows, lighting, doors, fixtures, hardware, paint, and
forced-air A/C complete the transformation. With beautifully
finished interiors, abundant natural light, and an expansive yard
to enjoy, this Fallbrook home is ready for its next chapter.
Unit Size
1,680 Ft²
Days on Market
37 days
Land Size
0.35 acres
Price per sqft
$476
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
Listed By
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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: 2 months ago (SDMLS #NDP2608612)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2026 | Listed by AAA Realty & Investments | $799,000 | |
| Listed by AAA Realty & Investments | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Laundry Features: Inside
Has Fireplace
Fireplace Features: Electric
Exterior Details
Square Footage: 1680
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1980
Levels: One
Pool Features: None
Lot Features: Yard
Lot Size Area: 0.35
Lot Size Units: Acres
Lot Size Acres: 0.35
Lot Size Square Feet: 15246
Utilities Details
Cooling Type: Central Air
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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
About Fallbrook
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Listed by: Garron Alexander, AAA Realty & Investments
Last Updated: 2 months ago
Data Source: CRMLS, MLS# NDP2608612
Last Updated: 2 months ago
Data Source: CRMLS, MLS# NDP2608612
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