2559 Vista de Palomar
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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.
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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 5, 2020 | Sold | ||
| Sold | |||
| Apr 29, 2020 | Listed by Shelter Residential, Inc | $1,199,000 | |
| Listed by Shelter Residential, Inc | |||
| Feb 13, 2019 | Sold | ||
| Sold | |||
| Jan 28, 2019 | Listed by Coldwell Banker Village Prop | $678,000 | |
| Listed by Coldwell Banker Village Prop | |||
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This is a once in a lifetime opportunity to have your own private vineyard, nestled in the hills of Fallbrook with forever views! This unique property boasts 2.16 useable acres, 925 Cabernet Franc vines in their first year. If schools are important to you, this property is located within the highly desirable Bonsall School District which is K-12. It also resides in a rapidly expanding wine producing region in North County San Deigo. Please see the supplemental remarks below......... A Spanish style home is waiting for your personal touch, complete with architectural drawings, a finished 3 car garage with custom doors, all new Milgard bronze windows with wood interiors, custom pine ceilings, and 36 solar panels (owned). There are 3 exposed wooden headers of vintage timber works above doorways, plans for a wine room, and a pantry with a custom arched door. You will enjoy the disappearing wall of windows which takes in the spectacular views of Palomar Mountain to the east along with exceptional views to the North and South. Presently, the home is in rough condition with 2X6 construction and the sub floor is completely re engineered with 1 1/4" plywood. There is no drywall, flooring, heating and A/C, nor appliances. The plans allow for 3 bedrooms, all with en suite and a 4th bedroom/den/library. The house is papered and wrapped for stucco.. Neighborhoods: Winterwarm/Via Rancheros Architectural Style: Monterey/Hacienda/Adobe View: Monterey/Hacienda/Adobe Other Fees: 0 Sewer: Septic Installed Topography: GSL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017