39429 Highway 79
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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 28, 2024 | In contract | - | |
| In contract | |||
| Nov 24, 2024 | Price Increased |
$270,000
↑ $20K
(8%) | |
| Price Increased | |||
| Nov 21, 2024 | Listed by Tandado Real Estate, Inc. | $250,000 | |
| Listed by Tandado Real Estate, Inc. | |||
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1940's Olde California homestead on over 10 acres with well, power, septic, outbuildings, and usable land with VIEWS!!!! Overlooking the Dameron Valley, Palomar Mountain foothills, and the North Mountain Wine Trail/ Emerald Creek Winery. Directly ON the San Diego County side of the border between SD and Riverside Counties. Surrounded by gorgeous open space and custom horse ranches and farms. This would be the ideal property to value-add and build, possibly one or two additional dwelling units, creating a separate primary and making this the secondary. All infrastructure in place. And within only minutes to Temecula and freeway access, the sky is the limit. A70 zoning with animal "O" designator. Access will have to be perfected by new owner, if desired. Cash only, not currently bank lendable due to lack of recorded easement access.
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| Nov 4, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017