$825,000
●
Land -
Off Market
4420 Sleeping Indian Rd
Fallbrook, CA 92028
Studio
0 Bath
$1,362,751
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model
About This Property
OWNER MAY CARRY FINANCING, SUBMIT YOUR TERMS! Aproximately 15
Acres, located in highly desirable Morro Hills area of South
Fallbrook. Build your dream estate and enjoy ocean views to
the West and mountain views to the east (snow-capped in Winter
months). AMAZING VIEWS!!!! Multiple septic systems approved and one
5 Bedrooms septic tank and leach field installed with approximately
3/4 acre graded building pad. This area permits minimum 2 acre
lots. The opportunities are numerous and awaiting! Water Well!
Currently planted with 1000's of Hass Avocado trees and Palms.
Irrigated by one of the area's best deep water well. Newer
well Pump and motor which are powered by owned solar system! .
Property has an automated irrigation system; some areas are manual
with combination of sprinkler and drip systems. 480 volt, three
phase electric available as well as a transformer for 240 volt and
120 volt power. Great parcel for private compound, horse ranch,
vineyard, avocado farm, coffee plantation, citrus grove,?? Live off
the grid with your own paradise! Great views, fresh air and
mild climate make this and ideal location! Some palms/Cycads do not
convey. Bring all offers! Neighborhoods: Morro Hills Other
Fees: 0
Unit Size
-
Days on Market
163 days
Land Size
14.70 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (SDMLS #200011970)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Listed by John Dudenhoeffer, Broker | $994,900 | |
| Listed by John Dudenhoeffer, Broker | |||
| Mar 29, 2017 | Sold | ||
| Sold | |||
| Nov 2, 2013 | Listed by John Dudenhoeffer, Broker | $1,394,000 | |
| Listed by John Dudenhoeffer, Broker | |||
 | |||
|
Quite possibly one of the finest view properties to hit the market in North County San Diego in years! Located in the highly desirable Morro Hills area of South Fallbrook. Build your estate home on this approx. 15 acre property with ocean views to the west & snow-capped mountain views (in the winter)to the east. Multiple approved septic systems includes an approx. 3/4 acre graded & certified building pad with a 5 bedroom septic installed.(2 acre min. lots permitted in this neighborhood.) Possible 1031 EXC Currently planted with 1000's of Hass avocado & palm trees. Irrigated by one of the area's best producing deep water wells. New pump & Motor. Well operated by a newly installed solar system. Buyer to assume lease. This property also has two 1.5" water meters. Fully automated irrigation system. (some plants do NOT convey).480 volt, 3 phase power available. Offer subject to inspection. Owner may finance with 30% down. Great for horse ranch or? Seller may trade for residential, income property, land? Ready to pull permits. Live off the grid in your own piece of paradise in the Morro hills area of multi million dollar estate homes & ranches. Neighborhoods: Morro Hills Other Fees: 0 Sewer: Septic Installed
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About San Diego
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jack Dudenhoeffer, John Dudenhoeffer, Broker
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200011970
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200011970
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017