2103 Loquat Place
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 31, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Price Decreased |
$1,775,000
↓ $100K
(5.3%) | |
| Price Decreased | |||
| Aug 29, 2025 | Price Decreased |
$1,875,000
↓ $100K
(5.1%) | |
| Price Decreased | |||
| Sep 12, 2024 | Listed by RE/MAX Connections | $1,975,000 | |
| Listed by RE/MAX Connections | |||
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Introducing a stunning property nestled at the end of a peaceful cul-de-sac in the heart of Fire Mountain, this custom-built home by David Lopez may seem too good to be true. This single-story, open-concept modern farmhouse boasts 3 bedrooms and 2 bathrooms, accompanied by a detached 2-bedroom, 1-bathroom ADU (Accessory Dwelling Unit). Rebuilt in 2018 with the utmost care and attention to detail, this residence was designed to offer the perfect blend of entertainment and functionality. As you step inside, you'll be captivated by the charm exuded by the shiplap walls, raised ceilings, quartz counters, manufactured wood floors, french doors, subway tiles, metal roof, and more. Every aspect of this home's construction was carefully orchestrated to create an exquisite living space. One of the standout features of this property is its potential for rental income, allowing you to offset your mortgage payments. With separate meters for gas and electric, each unit offers private yards and entries, ensuring a sense of exclusivity. Another enticing aspect of this property is the absence of any HOA fees or Mello-Roos taxes, providing you with even more financial freedom. Escape from the noise of daily life and embrace tranquility in the master bedroom and bathroom, the great room, or the private yard. You'll find a pair of french doors that effortlessly open wide, inviting the soothing coastal breeze to circulate naturally throughout the entire space. It's the perfect setting for relaxation and rejuvenation. Situated in Fire Mountain, Oceanside's hidden gem in North County, San Diego, this location is truly remarkable. Nestled on an elevated bluff and conveniently surrounded by major thoroughfares such as the I-5, Highway 78, and Highway 76, this neighborhood serves as a shield against the usual hustle and bustle of coastal living. Without relying on major highways, you can easily reach the beach, the Shoppes at Carlsbad, Carlsbad Village, Downtown Oceanside, Starbucks, Trader Joe's, Target, 24-hour fitness, and numerous other shops and restaurants. Make the most of this opportunity to own a remarkable home in the desirable Fire Mountain community. Don't miss out on all that this property has to offer, from its meticulously crafted design to its ideal location.****TENANTS VACATE BY July 31**** Guest house, Granny flat, Casita, Ohana, Multigenerational
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017