3944 Pala Mesa
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 |
|---|---|---|---|
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | Price Decreased |
$899,000
↓ $45K
(4.8%) | |
| Price Decreased | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| May 17, 2024 | Listed by Redfin Corporation | $944,000 | |
| Listed by Redfin Corporation | |||
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Welcome to your exclusive retreat in Fallbrook, San Diego on 2.5 acres! Tucked away behind a secured, gated driveway, this remarkable property boasts a sprawling, flat usable lot with stunning mountain vistas that stretch as far as the eye can see. With the potential to incorporate an ADU, this residence offers versatility and investment potential, making it ideal for both personal enjoyment and financial growth. Step inside to discover a meticulously designed reverse floorplan flooded with natural light, highlighting the coffered ceilings and upscale finishes that adorn every corner. The expansive living room opens onto a charming balcony, perfect for relaxing in the mornings or unwinding in the evenings. Retreat to the spacious primary suite, complete with a lavish soaking tub, offering a serene escape from the hustle and bustle of daily life. With owned solar panels ensuring sustainability and easy freeway access for seamless travel, this home epitomizes luxurious living with the perfect blend of comfort, convenience, and natural beauty.
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Property Highlights
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About San Diego
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017