3131 Pera Alta Dr
About This Property
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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%.
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by eXp Realty of Southern California, Inc. | $799,000 | |
| Listed by eXp Realty of Southern California, Inc. | |||
| May 19, 2025 | Price Decreased |
$849,000
↓ $46K
(5.1%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed | $895,000 | |
| Listed | |||
| | |||
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SELLER IS OFFERING A CONCESSION toward buyer’s closing costs or rate buy down —an excellent opportunity to lower out-of-pocket expenses and make homeownership more affordable. This unique 2-bedroom, 2.5-bath cabin sits on a generous 1.85-acre lot with a new roof and paid-off Solar, offering the perfect blend of privacy, character, and income potential. With the enclosed porch and loft, the home comfortably sleeps 8 people. Crafted with hand-hewn beams and timeless attention to detail, the home is as much a piece of art as it is a cozy mountain retreat. From the moment you step onto the welcoming covered front porch—complete with a swing bed for lazy afternoons and stargazing nights—you’ll be captivated by the warmth and charm this property radiates. Inside, the cabin features a rustic-modern vibe with an open-concept living space anchored by a stone fireplace and exposed timber beams that tell stories of old-world craftsmanship. Outside, enjoy the serenity of your surroundings—towering trees, daffodils, lilacs, and the sounds of nature provide a tranquil escape from the bustle of city life. PROVEN INCOME POTENTIAL - This cabin isn’t just a getaway—it’s a high-performing Airbnb with over 300 glowing reviews and a track record of strong financial returns. Whether you're looking to continue operating it as a vacation rental or keep it as a private retreat with income on the side, the property comes fully equipped and ready to go, including owned solar. Whether you're seeking a peaceful escape, a savvy investment, or both—this one-of-a-kind cabin delivers! Only a short drive to Julian’s charming Main Street, apple orchards, hiking trails, and local wineries, this property offers a rare mix of mountain seclusion and easy access to everything that makes Julian a beloved destination. Julian is a charming historic town nestled in the Cuyamaca Mountains, about an hour east of San Diego. Known for its small-town charm, gold rush history, and famous apple orchards, Julian is a popular getaway for those looking to enjoy fresh mountain air, scenic landscapes, and a slower pace of life. Real estate in Julian ranges from historic cabins to modern mountain retreats, making it an ideal location for those looking for a peaceful, nature-filled lifestyle with easy access to San Diego.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017