1408 Devin Dr
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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%.
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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 |
|---|---|---|---|
| Jul 24, 2025 | Sold | ||
| Sold | |||
| Jun 26, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by Localist Realty | $1,250,000 | |
| Listed by Localist Realty | |||
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We invite you to discover this rare & exceptional single-story home, which is spacious and beautifully upgraded, offering the perfect blend of privacy, comfort & quality, in one of Fallbrook's most desirable locations. Set on a generous .59 acre lot at the end of a quiet street, this home is privately perched to capture peaceful scenic views of the surrounding valley, exactly the kind of beauty & serenity Fallbrook is known for. With 4 bedrooms, 3 full bathrooms & 1 guest half bathroom. This thoughtfully designed residence features an open & airy layout that flows seamlessly, complimented with continuous 9 foot ceilings, large windows, upgraded LVP flooring, elegant millwork & upgraded doors. From the oversized family room to the expansive kitchen & dining area, the interior is stylish & move-in ready. The beautifully appointed kitchen offers ample counter space topped with granite & walk in pantry, Bosch appliances, fridge included & an oversized single-basin sink at the kitchen island, which also offers barstool seating. Outside, the owners have invested heavily in creating a private oasis. The centerpiece is a stunning custom saltwater pool with a flush level spa, 3 tranquil spillways & an automated retractable cover. The entire yard is fenced & includes a built-in firepit with bench seating, extensive stonework, drainage systems, & beautifully landscaped grounds, maintained by an Irrigreen Sprinkler System. Inside, the spacious primary suite offers a peaceful retreat with plush carpets, ceiling fan & slider connecting to the backyard & private pool area. Completing the primary suite is the spa like bathroom with a jetted tub, walk-in shower, dual quartz vanities & a large walk-in closet. A secondary bedroom at the front of the home features its own ensuite bathroom with walk in shower, perfect for guests or multi-generational living. The remaining 2 bedrooms share a hall bath with quartz counters, dual sinks & a tub shower combo. A powder room adds convenience & privacy for visitors. The laundry room includes a gas washer & dryer, ample cabinetry & a utility sink for added functionality. Additional highlights include a fully insulated & finished 3 car garage, Navien tankless water heater, Tesla wall charger & easy access to top-rated schools, local shopping & the 15 freeway. Very few homes meet the criteria of a larger, newer, upgraded single-story home in a peaceful, picturesque setting—an ideal combination of privacy, beauty & everyday convenience.
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| Dec 17, 2018 | Sold | ||
| Sold | |||
| Nov 28, 2017 | Listed by Kelly Crews, Broker | $749,900 | |
| Listed by Kelly Crews, Broker | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017