31340 Justin Pl
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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | Price Decreased |
$995,000
↓ $44K
(4.2%) | |
| Price Decreased | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Listed by Re/Max Connections | $1,039,000 | |
| Listed by Re/Max Connections | |||
| | |||
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Experience the best of country living! This charming 2,317-square-foot home is nestled on 2.34 acres of fully usable land, offering ample space for relaxation, recreation, or even a small hobby farm. Offering a single-story design, this home features 4 spacious bedrooms and 2 bathrooms, providing comfort and convenience for your family. Perfectly situated in the heart of beautiful Valley Center in San Diego’s North County, the property is just minutes from Valley Center High School, making it an ideal location for families. Experience the beauty of mountain vistas and magical sunsets! The fully fenced property includes a 5,000-gallon well with a pumping capacity of 45 gallons per minute. Water used for irrigation, and can potentially be made drinkable with proper filtration and treatment. Spacious 3-car garage, electric gate plus 2 other entrances with plenty of parking space. This property offers plenty of room for your boat and RV, and has several great spots for building an ADU, guest house, or casita. Conveniently located near I-15 freeway, schools, dining, public transportation, and the Valley Center golf course. NO Association or Mello Roos fees. Ready for your family to move in!
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| May 18, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017