2042 Pheasant Run
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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$1,298,747
↓ $200K
(13.3%) | |
| Price Decreased | |||
| May 21, 2025 | Listed by Compass | $1,498,747 | |
| Listed by Compass | |||
| | |||
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REDUCED! SELLER EXTREMELY MOTIVATED! Check out this 8 bedroom, 5.5 bath "Multi-Gen Opportunity" in Fallbrook! If you are looking for 3 SEPERATE HOMES on 1 lot, need extra living area, flex space, office space, artists retreat or rental units for extra income, come check out this beautifully remodeled property! 4 bedrooms and 3 baths included with the main home that has numerous custom artistic touches, upgrades and the most amazing lavish primary retreat you could want. This home has been expanded to 2280 SF. Additionally, there is a 2nd dwelling that is 3 bedrooms and 1.5 baths and 1,000 SF. built in 2021. The 3rd space is a 1 bedroom, 1 bathroom two story ADU with 600 SF built in 2024. Must see to appreciate attention this fantastic remodel. Close to town, yet privately situated behind an electric gate. This destination truly has it all. full electric solar paid for which covers the electricity for the entire property and all 3 units. All 3 dwellings enjoy the central pool and patio area which includes a fireplace and a built in barbecue kitchen island. Nothing like this on the market!
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| May 19, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017