$690,000
●
House -
Off Market
1958 Gum Tree Lane
Fallbrook, CA 92028
4 Beds
3 Baths
3,853 Ft²
$1,330,124
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model
About This Property
Sellers will entertain offers between $674,000 and $749,000. This
home is an amazing property that needs a lot of TLC. Featuring 5
fireplaces, panoramic views, gently sloping land, pool with outside
barbecue area and detached guest house you have the bones of a one
of a kind private hacienda. The stone arched driveway and stone
wall depicts the kind of original craftsmanship. The rooms are all
extremely spacious with the dining room & it's walls of windows
looking out to the courtyard complete w/ pond. Neighborhoods: N
Fallbrook Architectural Style: Monterey/Hacienda/Adobe View:
Monterey/Hacienda/Adobe Equipment: Pool/Spa/Equipment,
Range/Oven Other Fees: 0 Sewer: Septic Installed Topography:
LL
Unit Size
3,853 Ft²
Days on Market
63 days
Land Size
2.55 acres
Price per sqft
$194
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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Cap Rate Calculator
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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: 5 months ago (SDMLS #150026288)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2015 | Sold | ||
| Sold | |||
| May 15, 2015 | Listed by Weichert, Realtors - M & M | $749,000 | |
| Listed by Weichert, Realtors - M & M | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fallbrook
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Listed by: Chris Murphy, Weichert, Realtors - M & M
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150026288
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 150026288
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