1604 Macadamia Dr
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 11, 2020 | In contract | - | |
| In contract | |||
| Dec 3, 2020 | Listed | $689,900 | |
| Listed | |||
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Welcome to the serene neighborhood of Ridge Crest Estates! This Mediterranean style 3bd, 3ba home is situated on over 2.5 usable acres and overlooks the Santa Margarita Valley. This property offers owned solar and a water purifying system. Tastefully renovated a few years ago with a new kitchen & flooring, and still opportunity to add your own touch! Enjoy natural light and views from most areas of the home, beautiful sunsets from the wrap-around back patio and an array of citrus & avocado trees. The manager has listed the unit size as 2004 square feet.
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| Apr 29, 2019 | Sold | ||
| Sold | |||
| Sep 26, 2018 | Listed by Signature Real Estate Group | $649,900 | |
| Listed by Signature Real Estate Group | |||
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FULLY OWNED SOLAR and WATER PURIFIER!!! Gorgeously renovated home in one of Fallbrook's most desirable enclaves. NOT A FLIP. This is a loving homeowner renovation, and it is the stuff of design magazines. Drive through impressive iron gates into your circular driveway of custom pavers. Enter this bright, sunny space and fall in love. No expense spared on beautiful new kitchen, flooring, baths...every inch sumptuously re-imagined. Enjoy breathtaking panoramic views of the Santa Margarita Valley from every major room and your enticing back patio area. You'll have over two and a half fenced acres to enjoy by planting gardens, trees, or crops, build a pool, or just let your family or pets run and roam. This IS the one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017