15626 Mathew Road
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 |
|---|---|---|---|
| Aug 19, 2026 | Relisted | $295,000 | |
| Relisted | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Listed by Cabrillo Team Realty | $295,000 | |
| Listed by Cabrillo Team Realty | |||
| Feb 3, 2025 | Listed | $310,000 | |
| Listed | |||
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Great opportunity to own 2.68 acres with gorgeous views in Valley Center. This parcel is situated on a serene hill that overlooks Palomar Mountain and the nearby foothills. This parcel allows for the construction of one custom home, + 1 ADU offering the perfect site to create your dream residence. The versatile land use is ideal for a variety of agricultural pursuits, including fruits, vegetables, flowers, and animals (subject to county regulations). 1-inch water meter has already been assigned and paid for - the only remaining cost is $700-$1,000 for backflow device. The well has not been used in many years, but prior production was between 10GPM - 15GPM. Fire Hydrant and overhead electric are both nearby. Per the Parcel Map, there is a Health Department Certificate for a 4 bdrm septic approval. Conveniently located near Woods Valley Rd with easy access to Escondido and Bear Valley Pkwy. With close proximity to Lake Wohlford, parks with trails, and minutes away from major freeways. A short drive to the beaches makes it easy to enjoy coastal activities. This is an exceptional opportunity to invest in a developing area with endless possibilities for custom homes and agricultural ventures. Don't miss out on the chance to own this prime piece of land in Valley Center! **The adjacent 2.3 acre parcel is also listed for sale - 15642 Mathew Rd.**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017