$445,000
●
House -
Off Market
1597 S Hill Avenue
Fallbrook, CA 92028
3 Beds
2 Baths
1,830 Ft²
$845,222
RealtyHop Estimate
85.76%
Since Sep 1, 2014
National-US
Primary Model
About This Property
Ranch style single story home with large 3 car attached garage. 1/3
of an acre corner lot with wonderful Eastern views of mountains and
hills and great sunrises. Mature easy care landscaping, fruit
trees and lots of room to garden. Interior has been freshly
painted in neutral tone, tile flooring throughout, except new
carpet in one BR and LR. Large mstr suite with separate tub
and shower, dual vanity. Central heat and a/c, ceiling fans
throughout. Huge garage with extra storage and work bench.
Neighborhoods: Fallbrook Equipment: Garage Door Opener, Range/Oven
Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
Unit Size
1,830 Ft²
Days on Market
34 days
Land Size
-
Price per sqft
$249
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987
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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 #140039631)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2020 | No longer available | - | |
| No longer available | |||
| Oct 22, 2020 | Listed | $569,900 | |
| Listed | |||
| | |||
|
Welcome to this stunning 3 bedrooms, 2 bathrooms, 3 car attached garage-single story, corner lot home located within a beautiful mountainous quiet neighborhood. This home offers, open floor-plan, tile flooring, ceiling fans, tons of natural lighting throughout, spacious kitchen with ample countertop and cabinet space and stainless steel appliances. The kitchen is open to the spacious family room that offers a cozy fireplace and high vaulted ceilings and more. The breakfast nook has direct access to the absolutely stunning backyard oasis that is filled with beautiful succulent plants and 15 lush mature fruit trees like lemons, oranges, apricot and lime, gorgeous seating area, LARGE LOT and more. The master bedroom and bathroom offers private access to the backyard oasis, tons of natural lighting, dual vanity sinks, glass standup shower and soaking tub. This beautiful home is located in a quiet neighborhood with no HOA and Low Taxes and is very close to restaurants, shopping, schools and Fallbrook's infamous "Grand Tradition Estate and Gardens". The manager has listed the unit size as 1830 square feet.
| |||
| Aug 22, 2014 | Sold | ||
| Sold | |||
| Jul 19, 2014 | Listed by Thompson & Associates | $455,000 | |
| Listed by Thompson & Associates | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Listed On
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Sold On
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HOA + Taxes
About Fallbrook
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Listed by: Kelley Thompson, Thompson & Associates
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140039631
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140039631
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