2450 Gum Tree Lane
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 |
|---|---|---|---|
| Jun 19, 2020 | Sold | ||
| Sold | |||
| Mar 18, 2020 | Listed by John Dudenhoeffer, Broker | $849,000 | |
| Listed by John Dudenhoeffer, Broker | |||
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Single story Mediterranean Ranch style 4 bed/3 bath home! Property boasts 1.03 acres of flat & usable land. Perfect for horses!! Chef style kitchen offers large walk-in pantry & gorgeous island. This open & spacious floor plan offers lots of natural lighting plus plantation shutters on all windows and doors. Private master suite includes 2 spacious walk-in closets & luxurious bathroom with large tub & dual sinks. Back Patio has built in BBQ & above ground spa. 3 car garage plus RV/boat covered parking! Single story Mediterranean Ranch style 4 bed/3 bath home! Property boasts 1.03 acres of flat & usable land with a newly installed shed. Perfect for horses!! Chef style kitchen offers a large walk-in pantry, gorgeous island, & upgraded appliances. This open & spacious floor plan offers lots of natural lighting in every room plus plantation shutters have been installed on all windows and doors. All rooms have a ceiling fan plus gorgeous light fixtures are assembled throughout the home. Spacious laundry room features private sink and tons of storage cupboards/shelving. The private master suite includes 2 spacious walk-in closets & luxurious bathroom with large tub & dual sinks. Back Patio has a built in BBQ, above ground spa, an animal kennel/run, plus a tranquil custom garden waterfall. Property offers lots of parking with a 3 car attached garage with Epoxy flooring plus newly installed RV/boat covered parking! The beautiful landscaping on this property has been maintained and very well cared for. Mature citrus trees are also a plus on this property! The opportunities are endless! Come enjoy this private, peaceful, and beautiful home!. Neighborhoods: Fallbrook Other Fees: 0 Sewer: Septic Installed Topography: GSL
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| Apr 22, 2019 | Sold | ||
| Sold | |||
| Mar 17, 2019 | Listed by Casa Bella Properties | $879,000 | |
| Listed by Casa Bella Properties | |||
| Aug 20, 2017 | Listed | $898,747 | |
| Listed | |||
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Fallbrook one level quality home that will fulfill all your dreams! Bring your horses! Enjoy the mountain views from your dramatic front entry. Drought tolerant landscaping. Backyard includes waterfall, outdoor kitchen and RV pad with hook ups. Enjoy the master with dual walk-ins. Convenient separation with secondary bedrooms. Upgraded wiring throughout the home for sound systems. Back up generator included. Convenient location close to town and also easy access to !-15. So much to see! Dreams fulfilled! The manager has listed the unit size as 3108 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017