3504 Secluded Lane
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 19, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Realty Network | $1,269,000 | |
| Listed by Realty Network | |||
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This home is priced to sell! Situated on 2.35 usable acres, this wonderful gated property offers breathtaking panoramic views of rolling hills and stunning sunsets, providing a daily sense of peace and inspiration. The main floor is open and spacious, featuring a large center island in the kitchen, a generous family room, a dining area, teak floors, and vaulted ceilings. The home includes 3 bedrooms, 3 bathrooms, a home office (or potential 4th bedroom), and a huge bonus room off the carport, highlighted by a pellet stove. Relax on the wrap-around deck and enjoy the beautiful sunsets. The property feels like a private oasis, complete with a sparkling pool for relaxation and entertainment. There is ample space for hobbies, gardening, and outdoor enjoyment.For horse enthusiasts, the equestrian-friendly setup and nearby riding trails make this property a perfect haven. Inside, the large master bedroom offers a spacious walk-in closet, and the master bathroom features a large soaking tub. Enjoy views of the pool from all bedrooms. Move right into this upgraded home. There's nothing to do but unpack! The natural beauty of the area, combined with the sounds of wildlife, creates a serene atmosphere, while the friendly Fallbrook community, with its charming small-town vibe, local wineries, and a short drive to the coast, adds to the appeal. The property is fully fenced, with additional amenities including a concrete driveway, tankless water heater, propane tank, and newer septic tank. Other features include a sand arena, pasture areas, and two 'as-is' outbuildings. With room to spread out, entertain, and enjoy life's simple pleasures, this home is the perfect blend of comfort, beauty, and opportunity. With 2.35 acres, the possibilities are endless!
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| Aug 29, 2012 | Sold | ||
| Sold | |||
| Jun 8, 2012 | Listed by Willis Allen Real Estate | $519,000 | |
| Listed by Willis Allen Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017