$620,000
●
House -
Off Market
1449 Farrand Rd
Fallbrook, CA 92028
3 Beds
2 Baths,
1
Half Bath
2,192 Ft²
$945,458
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Newly remodeled single-story, custom home in desirable Fallbrook
neighborhood offering peaceful views of the countryside. Large
Great room w/stone fireplace opens to Dining room featuring
dramatic high beamed wide open ceilings. Bright New Kitchen, White
Quartz counters, subway tile backsplash. New stainless appliances &
fixtures, new slate & distressed hickory hardwood plank flooring &
Custom paint throughout. Gated circular driveway w/2-stall attached
garage. RV Parking plus a 30'x40' detached workshop. Newly
Updated home offers fully remodeled baths throughout featuring new
vanities, faucets, toilets, lighting and tile surround shower
enclosures with slate flooring. Custom paint, shutters and
baseboards, New Ceiling fans w/remotes in kitchen, living room,
dining room and master bedroom. Large El Dorado stone fireplace in
the great room with new energy efficient windows and sliding door
to backyard and large plank hardwood flooring extends into the
dining room. All Brand new Stainless Samsung Appliances in kitchen
with new slate flooring and White Quartz Counters and subway tile
and decorative backsplash! Large professionally landscaped yard
w/drought tolerant plants, trees, rocks with ample open space for
pool, garden or dog run. Solar electric panels for reduced
electricity bills!. Neighborhoods: Pepper Tree Park
Equipment: Garage Door Opener,Pool/Spa/Equipment, Shed(s) Other
Fees: 0 Sewer: Septic Installed Topography: GSL
Unit Size
2,192 Ft²
Days on Market
56 days
Land Size
0.70 acres
Price per sqft
$285
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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: 4 months ago (SDMLS #180036878)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2018 | Sold | ||
| Sold | |||
| Jul 6, 2018 | Listed by First Team Real Estate | $625,000 | |
| Listed by First Team Real Estate | |||
| Oct 24, 2013 | Sold | ||
| Sold | |||
| Aug 16, 2013 | Listed by Coldwell Banker Village Prop | $515,000 | |
| Listed by Coldwell Banker Village Prop | |||
| | |||
|
Beautifully remodeled custom home in one of Fallbrooks desirable neighborhoods. Close enough to village shopping area, yet far enough away to provide privacy and serenity. 2192sf situated on .7 acres, 3bd/3bath, the interior provides lots of natural light to flow in. Most of the home has high ceilings with very unique custom built exposed trusses. The Kitchen is the centerpiece of this home, a place to gather indeed. New granite countertops, custom cherrywood cabinetry(see supplement) Neighborhoods: FALLBROOK Equipment: Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Water Filtration Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL
| |||
Property Highlights
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Fallbrook
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Listed by: Greg Farrell, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180036878
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 180036878
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