2406 Gum Tree Lane
About This Property
The property is situated on a private, recently repaved street and is secured behind a gated entry. The oversized driveway offers ample parking space for all your toys, including an RV, along with a detached 2-car garage.
Enjoy the stunning sunsets, fresh breezes, and the natural beauty of this private and peaceful setting.
Close to equestrian facilities, San Luis Rey Downs, miles of trails for hiking and nature walks, and approximately 3 miles from Fallbrook Town Center. Just minutes away from Monserate Winery, Live Oak County Park, Guajome Regional Park, and the lake.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Listed by Compass | $849,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017