36725 Camino Noroeste
About This Property
Magnificent estate parcel situated on the Santa Rosa Plateau within the distinguished community of Santa Rosa West. This exclusive community boasts parcels with a minimum size of 10 acres, ensuring privacy and a sense of grandeur. The property is conveniently located approximately 7.5 miles from the Clinton Keith on-ramp to the I-15 freeway and just 3.5 miles from the intersection of Avenida La Cresta & Clinton Keith.
Nestled directly above the Santa Rosa Ecological Reserve, this parcel offers breathtaking panoramic views that span from the Pacific Ocean to Mt. Palomar, Mt. San Jacinto, and Mt. Gorgonio. As evening falls, the city lights of Fallbrook, Temecula, and Murrieta twinkle in the distance. The rolling topography of the land presents numerous potential building sites, providing both versatility and recreational opportunities.
This prime parcel features frontage along a paved road, enhancing accessibility. Water and power infrastructure are readily available in the street, and a fire hydrant is conveniently located just across the street. Surrounded by other distinguished homes, this parcel is poised to fulfill the vision of your discerning clients as they embark on creating their dream residence.
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Relisted | $250,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Jan 15, 2024 | Listed by First Team Real Estate | $250,000 | |
| Listed by First Team Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017