$967,500
●
House -
Off Market
2046 Pheasant run
Fallbrook, CA 92028
3 Beds
2 Baths
1,922 Ft²
$4,837
Est. Monthly
About This Property
Welcome to your dream retreat! This beautifully renovated modern
mid-century home in Fallbrook offers a serene oasis perfect for
relaxation and entertainment. Crafted with care and high-quality
materials, every detail of this home shines. Step inside to
discover a spacious layout that seamlessly blends indoor and
outdoor living. The inviting living area flows effortlessly to the
stunning backyard, featuring a sparkling pool. Set against a
backdrop of beautiful mature trees and a variety of fruit trees,
the fully fenced yard provides both privacy and a tranquil retreat.
This home's outdoor oasis is an idyllic setting for summer
gatherings or peaceful evenings. With top-rated Airbnb status and
glowing reviews, this home is a fantastic investment opportunity
for those looking to capitalize on the booming vacation rental
market. Guests love the peaceful setting, all while being just
minutes from renowned wineries and scenic hiking trails. Whether
you're seeking a personal sanctuary or a lucrative rental, this
Fallbrook gem is ready to welcome you. Don't miss out on the chance
to own your very own piece of paradise!
Unit Size
1,922 Ft²
Days on Market
35 days
Land Size
0.51 acres
Price per sqft
$512
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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: 2 years ago (SDMLS #NDP2409309)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Nov 4, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Listed by Real Broker | $985,000 | |
| Listed by Real Broker | |||
| | |||
|
Welcome to your dream retreat! This beautifully renovated modern mid-century home in Fallbrook offers a serene oasis perfect for relaxation and entertainment. Crafted with care and high-quality materials, every detail of this home shines. Step inside to discover a spacious layout that seamlessly blends indoor and outdoor living. The inviting living area flows effortlessly to the stunning backyard, featuring a sparkling pool. Set against a backdrop of beautiful mature trees and a variety of fruit trees, the fully fenced yard provides both privacy and a tranquil retreat. This home’s outdoor oasis is an idyllic setting for summer gatherings or peaceful evenings. With top-rated Airbnb status and glowing reviews, this home is a fantastic investment opportunity for those looking to capitalize on the booming vacation rental market. Guests love the peaceful setting, all while being just minutes from renowned wineries and scenic hiking trails. Whether you're seeking a personal sanctuary or a lucrative rental, this Fallbrook gem is ready to welcome you. Don’t miss out on the chance to own your very own piece of paradise!
| |||
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: Megan Hoogestraat, Real Broker
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2409309
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2409309
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