2707 Pala Mesa Court
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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%.
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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 |
|---|---|---|---|
| Nov 21, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 23, 2024 | Listed by Professional Realty Services | $1,500,000 | |
| Listed by Professional Realty Services | |||
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Welcome to your tranquil Fallbrook retreat! This stunning single-story estate offers 3,104 sq. ft. of luxurious living space, boasting 5 spacious bedrooms, 3 beautifully appointed bathrooms, and a 4-car garage on an expansive 2.67-acre fully fenced and gated lot. As you enter through the custom 7-foot, 7-inch iron doors you'll be greeted by elegant designer finishes throughout, including 6-inch crown molding and baseboards. The open-concept layout seamlessly connects the spacious den, featuring a stone fireplace, decorative beams, and beautiful floor of imported Italian porcelain tile with a used brick finish with the gourmet kitchen, boasting Brazilian Quartz countertops, high-end stainless-steel appliances, abundant cabinetry, and a large wrap-around peninsula. The primary suite is a true retreat, with a private entrance, cozy fireplace, custom-painted beams, rich dark walnut plank flooring, and a luxurious ensuite bath complete with dual vanities, soaking tub, walk-in shower, and dual walk-in closets with mirrored doors. Step outside and enjoy the beautiful outdoor living spaces, including a California-style covered patio for sheltered entertainment. The professionally designed upper backyard features a free form PebbleTec saltwater pool with sun shelf and rock waterfall, covered Jacuzzi-style spa with West facing sunset views, beautiful flagstone pathways, and a charming fountain. The property features an impressive, tree-lined driveway showcasing lush flora and fauna, a small, irrigated orchard with a variety of fruit trees, 4 Tuff Sheds, and ample space for boat or RV parking, gardening, and animals. Benefit from 44 solar panels, a PPA offering the option of owning, builder-installed fire sprinklers, and a fire hydrant. Situated on a private road with no HOA and conveniently located just minutes from the I-15 and 76 Freeway, you’ll enjoy easy access to local amenities. This neighborhood is part of the acclaimed Bonsall Unified School District.
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| Oct 1, 2014 | Sold | ||
| Sold | |||
| May 1, 2014 | Listed by The Broker Network | $774,800 | |
| Listed by The Broker Network | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017