2458 PENCE DRIVE
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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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Aug 12, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by New Leaf Realty | $1,500,000 | |
| Listed by New Leaf Realty | |||
| | |||
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Spectacular Hilltop Home with Sweeping Views! Situated on 1.3 acres at the top of the hill, this beautiful single-story home offers breathtaking panoramic views from nearly every room. Designed for comfort and privacy, it features dual primary suites located on opposite ends of the home. The spacious kitchen and living room showcase vaulted ceilings and open up to stunning views of the pool, spa, and surrounding hills. The property is a private oasis, complete with mature fruit trees, dramatic granite boulders, and ample yard space to relax or entertain. An oversized 3-car garage provides plenty of storage, and the 26-panel owned solar system offers energy efficiency. There is also a whole-house water system. Ideally located just a few minutes from Singing Hills Country Club and close to shopping and amenities, this is a truly special property in a premier setting.
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| Nov 22, 2019 | Sold | ||
| Sold | |||
| Sep 23, 2019 | Listed by Keller Williams Realty | $939,000 | |
| Listed by Keller Williams Realty | |||
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About Rancho San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017