2602 Fallsview Rd
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | Listed by Compass | $1,525,000 | |
| Listed by Compass | |||
| | |||
|
Welcome to your dream home, where lush mountain views and over $100k in upgrades create an inviting sanctuary that looks straight out of a magazine! Prime cul-de-sac location in the Old Creek Ranch neighborhood adjacent from San Elijo Hills and La Costa. This flexible floor plan caters to any lifestyle, featuring an entry-level bedroom with a full bath, a separate 3rd car garage (great for a home gym), spacious formal living, dining, and family rooms, plus a beautifully remodeled chef's kitchen enhanced with Quartz counters, newer cabinetry, Bosch appliances and built-in wine refrigerator. Upstairs, you'll find a built-in office/study nook, three secondary bedrooms each with their own walk-in closets, and an expansive primary suite with sliding barn door to a spa like bathroom plus a customized walk-in closet ensuring ultimate convenience. Discover your private outdoor sanctuary with no neighbors behind, featuring a built-in bbq, lush landscaping, fire pit, a pathway to the peaceful spa area with a custom deck, plus a side yard that has been transformed into a dog run with quality turf and drainage. The long driveway not only provides additional parking and newly added exterior lighting, but can also serve as a versatile space with sliding doors for direct access to kitchen and dining for seamless indoor/outdoor entertaining. You could even add a gate to the end of the private driveway to maximize your outdoor options! Enjoy the best of San Marcos living being zoned for top schools and conveniently close to trails, parks, shopping, Town Square, beaches, and all of the amazing amenities of this picturesque community!
| |||
| May 11, 2022 | Listed by HomeSmart, Evergreen Realty | $1,499,999 | |
| Listed by HomeSmart, Evergreen Realty | |||
| | |||
|
This is the one! Don’t miss out on this absolutely spectacular home located in Mahogany at Old Creek Ranch. Located on a cul-de-sac & backing up to open space, this home provides a perfect, private location. Walk in through the front door & you are welcomed into a warm, open floor plan that is a perfect fit for any lifestyle. The gourmet kitchen has been tastefully upgraded with Quartz counters, upgraded cabinets, Bosch appliances & includes a built-in wine refrigerator. The kitchen opens up into the great room with a cozy fireplace & sliding glass doors out to the large, low maintenance, private backyard, featuring lush landscaping, raised flower beds, a firepit. There is also a private area with spa deck & large 8 person spa, complete with tranquil lighting. The side yard includes a custom secure space for the family pup, with quality grade turf and drainage. The formal dining room also opens up to the outside via sliding glass doors to a large courtyard that has been used to host parties for 50+ guests. This lovely home includes five spacious bedrooms, including one downstairs with a full bath that is currently being used as an office. The oversized master bedroom includes a spa-like bathroom suite with separate shower, soaking tub and a custom barn door that adds another touch of privacy. The walk-in closet includes custom built-ins, perfect to keep you organized. There is plenty of room for parking with an over-sized two car garage and another single car garage that is currently set up as a home gym. The long driveway also provides space for five more cars. All this plus so many other upgrades that include real wood floors, custom paint, upgraded outlets inside and out, LED lighting, pendant lighting in the kitchen, outside TV for the spa, upgraded staircase, window shutters privacy fencing in the backyard and a fabulous mature avocado tree loaded with delicious fruit! This home is centrally located with easy access to a wide range of local amenities, including the stores & restaurants in the San Elijo Hills town center, ballparks, soccer field, picnic/BBQ area, dog park, community center & more. Residents of Old Creek Ranch can enjoy access to 18 miles of trails, a 19 acre park and 1000 acres of open space. The home is located within the highly rated San Marcos Unified school district and is minutes from Cal State San Marcos with just a short drive to Hwy 5 and Hwy 78, and the local beaches & coastal amenities. Ponto Beach is only 5.7 miles away! The manager has listed the unit size as 3047 square feet.
| |||
| Nov 28, 2017 | Sold | ||
| Sold | |||
| Oct 12, 2017 | Listed by Pacific Sotheby's Int'l Realty | $824,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017