121 Avo 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 |
|---|---|---|---|
| Sep 16, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Listed by Sunshine Properties RealEstate | $888,000 | |
| Listed by Sunshine Properties RealEstate | |||
| May 1, 2025 | Listed | $1,888,000 | |
| Listed | |||
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Welcome to your own private mountaintop retreat! This 25-acre property is located at the entrance of Fallbrook and offers distant ocean views that will take your breath away. A paved driveway winds up to two potential building sites, providing a perfect canvas for your dream estate. Utilities are ready to go with a 2 inch water meter, electric meters installed with three-phase power available. A drilled well adds incredible value for any agricultural plans and helps keep water costs down. A 3-bedroom septic layout is already on file, streamlining the building process. Just a stone’s throw from the I-15, this property offers an easy commute while maintaining privacy and seclusion. With 25 acres of space, there’s plenty of room for toys, animals, and more. A rare, once-in-a-lifetime opportunity to own a mountaintop in beautiful Fallbrook.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017