$635,000
●
House -
Off Market
1500 Santa Margarita Dr
Fallbrook, CA 92028
3 Beds
2 Baths
1,875 Ft²
$1,003,081
RealtyHop Estimate
59.24%
Since Oct 1, 2017
National-US
Primary Model
About This Property
From the gated entrance, follow the meandering driveway with
picturesque white rail fencing to the Spanish-styled home with
saltillo flooring, wood burning fireplace & courtyard entrance.
Take a dip in the sparkling pool (built 2010), spa, gazebo &
firepit. The 3.09 gentle acres is fenced & dotted with mature trees
- ideal for horses, gardens, groves, or play. Lots of character
from the turret (with views), french doors to patios, vaulted
ceilings with exposed beams & clawfoot tub. Peaceful & Private!
Neighborhoods: Santa Margarita Valley Equipment: Garage Door
Opener,Pool/Spa/Equipment Other Fees: 0 Sewer: Septic
Installed Topography: LL,GSL
Unit Size
1,875 Ft²
Days on Market
38 days
Land Size
3.09 acres
Price per sqft
$336
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983
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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: 4 months ago (SDMLS #170039967)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 3, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $685,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 1875 square feet.
| |||
| Mar 29, 2018 | Listed by Windermere Homes & Estates | $685,000 | |
| Listed by Windermere Homes & Estates | |||
| | |||
|
HORSE PROPERTY! Spanish styled home w/saltillo flooring, vaulted wood beam ceilings, white rail fencing & a wood burning fireplace in living area. Courtyard entrance, very quiet, mature oak trees. The pool & jacuzzi are clean & sparkling, also has a firepit. Lovely hardscape around pool. There is a spiral staircase that leads to a 3rd bedroom & turrett w/views, french doors to patio & separate fenced backyard. Clawfoot tub in master bathroom. . Neighborhoods: Fallbrook Equipment: Garage Door Opener,Pool/Spa/Equipment Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL
| |||
| Sep 6, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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Listed On
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Sold On
Sold On
HOA + Taxes
About Fallbrook
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Listed by: Maggie Rogan, Rogan and Associates
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170039967
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170039967
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