34810 Morris Ranch 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 28, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | Listed by Real Broker | $295,000 | |
| Listed by Real Broker | |||
| Jan 14, 2024 | No longer available | - | |
| No longer available | |||
| Oct 15, 2023 | Listed by Keller Williams San Diego Metro | $299,999 | |
| Listed by Keller Williams San Diego Metro | |||
| | |||
|
The 80 acre property is in the Laguna Mountains in San Diego County, within an hour of the ocean, the desert & Mexico. There are 3 routes to Ingress/Egress property: From the west it's located approximately 3.2 mi southeast from Sunrise Highway (S-1), off Thing Valley Rd. From the east you can use Thing Valley Rd or Fred Canyon Rd. Property adjacent to the Cleveland National Forest, BLM (Bureau of Land Management) and the Ewiiaapaayp Indian Reservation, making it very seclusive & private on 3 sides. It is zoned for semi-rural use (S92) with a "W" animal designator. It is pristine mountain property that is approx. 80% usable land, with only 20% is heavy slope. The county report states "no landslide susceptibility". The topography consists of gently rolling hills, multiple graded roads, a grated pad, mixed vegetation that includes Chemise, Manzanita, Buckwheat, Mt Mahogany, Native grasses, Sage, Chaparral & Pines. Property highlights are Scenic Views, Seclusion, Privacy & already established Off the Grid Living. Partially fenced w/ 2 locked gates. Multiple graded roads and pads.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017