4246 Olive Hill
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 27, 2020 | Sold | ||
| Sold | |||
| Jan 7, 2020 | Listed by Sun and Sea Realty | $669,000 | |
| Listed by Sun and Sea Realty | |||
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Seller says SELL! What would you do with over an acre of land? This Beautiful, Large Country home is quiet and serene w/a gated,1+ acre, 5Bed, w/bedroom down in desirable location of Olive Hill and has gorgeous 180 degree westerly views!!Upgraded throughout w/granite, custom paint and wood flooring w/SS appliances and is move-in ready. Land is perfect for a variety of uses, incl RV or TOY storage. Easy access to CA 76 & I 15; Enjoy peace and quiet in the country yet be close to all. See Supplement 4 more. This home features 4 good sized bedrooms with an optional bedroom down which can also be used as an office as well. The kitchen has been remodeled with all new cabinets granite counters stainless steel appliances and even features wood flooring! Master bedroom features a full length balcony to enjoy those evening sunsets. The property has an oversized 2 car garage and sits on just slightly over 1 acre! Zoned SR-2 (semi-rural) with A 70 and L designation for agriculture and livestock additions or start orchard/grove if desired. Enjoy the quiet country road home after a long day. Low traffic road. Great part of Fallbrook close to Camp Pendleton and access to beach communities.. Neighborhoods: Olive Hill Other Fees: 0 Sewer: Septic Installed Topography: RSLP
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| Feb 15, 2018 | Sold | ||
| Sold | |||
| Oct 12, 2017 | Listed by Homesmart Legends | $595,000 | |
| Listed by Homesmart Legends | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017