22214 Crestline Road
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%.
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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 |
|---|---|---|---|
| Apr 30, 2016 | Sold | ||
| Sold | |||
| Oct 11, 2015 | Listed by List Home Pro | $49,900 | |
| Listed by List Home Pro | |||
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Located in a very Nice area on Mt Palomar. This home site has prior approvals issued by the county of San Diego, Prior owner was going to build a 4 Br 2ba, 1596 sqft home with garage (see sup). Meter already at site, Legal lot with the address assigned. building pad has already been graded for you, room for a home with a garage and driveway has also already been graded. Plans Included, A couple of miles away is Palomar County Park on Crestline rd property is truely unique. The site is ready to go. Driveway access recently improved! Even the County Fire Marshal has signed off on it (see plans). You won't have to spend a year getting the County to approve the plans, the owner already did this for you! Approved septic layout for a 4 bd house. School fees paid. Property has water share and water fees are paid (Palomar Mutual Water Dist). Plan check fees paid. Owner had soil testing and compaction testing done by soils engineer and foundation plans drawn by civil engineer. Licensed contractor was to run the job. The plan approval is conditional on staking the corners which has been completed. Level ground erosion control has already been added to the site. Since it is on the North slope of the mountain, there is NO motorcycle noise. Just wood-peckers and the breeze through the trees. The Cedar and pine scented air is fantastic! Owner ran out of time and money to finish the job. House on property to the South is not visible at the other end of its 1 acre property.many pages of professionally prepared plans, all documents, email agent for video clip, buyer to verify all information Neighborhoods: mt palomar Other Fees: 0
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| May 30, 2014 | Sold | ||
| Sold | |||
| Apr 9, 2013 | Listed by RE/MAX United | $35,000 | |
| Listed by RE/MAX United | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017