1852 Santa Margarita 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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | In contract | - | |
| In contract | |||
| Feb 2, 2025 | Price Decreased |
$1,549,000
↓ $50K
(3.1%) | |
| Price Decreased | |||
| Dec 4, 2024 | Listed by Zember Realty Group | $1,599,000 | |
| Listed by Zember Realty Group | |||
| | |||
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* VIEWS * SPA * PRIVACY * 5.4 ACRES * Welcome to this private sanctuary in the hills of Fallbrook. This 4 bedroom 3.5 bathroom home has an open floor plan with spacious rooms is perfect for all of your needs. The custom kitchen offers updated cabinets, granite counters, and high end appliances. The home boasts a large family room, office, formal living and dining rooms as well as spacious bedrooms. The massive primary suite is complete with a spa-like bathroom, walk-in closet, and a balcony overlooking the hills. The home includes brand new carpeting, refinished hardwood flooring, new interior paint, light fixtures, and kitchen hardware. The outdoor dining area is perfect for entertaining or sunrise coffee relaxation where you will enjoy the best panoramic views Fallbrook has to offer. The property boasts an in ground spa and waterfall, avocado trees, solar, and an oversized 3 car garage. Come check out this gem nestled in the hills.
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| May 20, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017