1045 Capra Way
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| Jun 8, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Listed by Real Broker | $1,200,000 | |
| Listed by Real Broker | |||
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This charming single-story property located on a peaceful cul-de-sac in the desirable Capra Ranch community offers 3 beds, 3 baths, and 2,190 SqFt of well-designed living space, situated on approximately 1.5 acres of fully usable land in the heart of Fallbrook. Just steps away from the main home, a detached 330 SqFt studio provides incredible potential for an ADU or guest house conversion, ideal for multi-generational living, rental income, a private workspace, recreation room and more! This home features a warm and inviting family room with a cozy fireplace, a spacious kitchen with granite countertops, stainless steel appliances, eat-in dining area, and sliding doors that lead to the rear patio. The primary ensuite includes a dual sink vanity, 2 walk-in closets, and direct access to the backyard. A formal dining room offers additional space for entertaining. The outdoor area is a true entertainer’s dream, complete with a pool & spa, outdoor kitchen & bar with patio cover, and expansive patio space. Equestrian enthusiasts will appreciate the pipe stall, tack room, arena and separate gated entrance. Additional highlights include a 2-car garage, detached 875 SqFt workshop with 140 amp service panel and 240V & 120V circuits, solar system with Tesla battery backup, whole house water filtration system, reverse osmosis at the kitchen sink, RV & boat parking, private gated driveway, full fencing, irrigation system, lush gardens and mature fruit trees. With room to grow and an array of lifestyle amenities, this exceptional property offers privacy, flexibility & endless potential!
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| Oct 25, 2013 | Sold | ||
| Sold | |||
| May 1, 2013 | Listed by Oak Tree Realty Group | $569,900 | |
| Listed by Oak Tree Realty Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017