$455,000
●
House -
Off Market
2536 Valerie Dr
Fallbrook, CA 92028
3 Beds
2 Baths,
1
Half Bath
1,576 Ft²
$661,257
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model
About This Property
Desirable Gird Valley location adjacent to new vineyard.
Hillside home among mature oaks, Italian Cypress & several
fruit trees. Tri-Level semi open floor plan. Occupied by the same
family since 1975, this almost original home is well used and ready
for its next family to make it their own, and is priced
accordingly. Partial view of the vineyards. Neighborhoods: Gird
Valley Equipment: Dryer, Range/Oven, Satellite Dish, Washer,
Water Filtration Other Fees: 0 Sewer: Septic Installed
Topography: GSL,SSLP
Unit Size
1,576 Ft²
Days on Market
47 days
Land Size
1.84 acres
Price per sqft
$278
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (SDMLS #180068759)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2026 | Sold | ||
| Sold | |||
| Dec 17, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2025 | Listed by eXp Realty of California Inc. | $735,000 | |
| Listed by eXp Realty of California Inc. | |||
| | |||
|
Desirable Gird Valley location adjacent to the new vineyard. This hillside home is nestled among mature oak trees and Italian cypress, offering a tranquil and picturesque setting. The tri-level, semi–open floor plan provides plenty of potential and is ready for its next family to make it their own.
Enjoy partial views of the surrounding vineyards, along with nearby amenities including a dog park, playground, and a running stream during parts of the year. A wonderful opportunity to create your dream home in a highly sought-after area.
| |||
| Feb 13, 2019 | Sold | ||
| Sold | |||
| Dec 28, 2018 | Listed by Coldwell Banker Village Prop | $438,000 | |
| Listed by Coldwell Banker Village Prop | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About San Diego
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Listed by: Tom Van Wie, Coldwell Banker Village Prop
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180068759
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180068759
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