3520 Canonita Drive
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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Abundance Real Estate | $1,375,000 | |
| Listed by Abundance Real Estate | |||
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Discover this dream oasis in the heart of Fallbrook. This private estate showcases stunning rolling hills views, lush greenery and a private pond. As you approach the home, a grand entrance welcomes you inside to a thoughtful layout that lives like a single-story, offering a spacious family room with beamed ceilings, a kitchen equipped with stainless steel appliances, an accommodating living room, with a formal dining room that includes a built-in hutch. Step into the primary, offering a large walk-in closet with shelving, and a pristine master bathroom with sought after vanity. The second and third bedrooms on the other side of the house offer ample space for children or guests, along with an additional office/flex space for those who work from home. Step out to the wraparound deck and witness picturesque countryside views and a crystal clear PebbleTec saltwater pool and spa. As you walk the fully-fenced property on a private, paved road you’ll see live macadamia, lemon, cherry, persimmon, orange, tangelo, Asian Pear, nectarine, plum, avocado, apple, apricot and peach trees. This well-crafted estate offers space, privacy and functionality in one of Fallbrook’s most desirable areas.
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| Sep 17, 2013 | Sold | ||
| Sold | |||
| Jul 31, 2013 | Listed by Real Living Lifestyles | $749,800 | |
| Listed by Real Living Lifestyles | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017