3645 Monserate Hill Road
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%.
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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 |
|---|---|---|---|
| Sep 21, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $699,000 | |
| Listed | |||
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Sited on over 4 acres high atop Monserate Hill in South Fallbrook, this fabulous single story ranch home is defined by complete privacy, calming space, and out-of-this-world views. Centered by a resort-like courtyard with vanishing edge pool and spa, this home is notable for its stunning views overlooking the San Luis Rey River Valley and beyond. On clear days, you can even see the Pacific Ocean. Views from virtually every room: to either Palomar Mountain or to Bonsall, or old Vessels Ranch. This incredibly private home, is right-sized and has 3 bedrooms and 2 baths. Vaulted wood beam ceilings. Large picture windows. 2748 square feet plus an additional 450 square foot (approx), garage conversion currently used as a pool-house/rec. room, but might be suitable for future conversion to a guest house, workshop, artist’s studio, or even additional living space. Automatic landscape irrigation. Laundry room. Two wood burning/gas fireplaces. Covered two-car carport. Outbuildings (one currently used as an office). Option to access nearby private well-water supply for irrigation purposes. Producing avocados with financials available on request. Bonsall School District. Easy, quick access to shopping and services. This home has remained in the same family since new.The manager has listed the unit size as 2748 square feet.
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| Apr 18, 2017 | Listed by UpCountri Homes & Estates | $699,000 | |
| Listed by UpCountri Homes & Estates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017