731 Oak Glade Drive
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 17, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| Aug 12, 2025 | Listed by Berkshire Hathaway HomeServices Lifestyle Properties | $999,000 | |
| Listed by Berkshire Hathaway HomeServices Lifestyle Properties | |||
| Jul 11, 2025 | Listed | $1,175,000 | |
| Listed | |||
| | |||
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Welcome to 731 Oak Glade Drive, a spacious and thoughtfully designed single-level home with a detached Accessory Dwelling Unit (ADU), located in Fallbrook’s sought-after Strawberry Fields community. Set on a flat and usable 0.6-acre lot, this property offers a rare blend of privacy, flexibility, and convenience.
The home features 5 bedrooms and 3.5 bathrooms, including a separate 1-bedroom, 1-bath ADU with its own private entrance—ideal for rental income, guests, or multigenerational living. Approved plans from San Diego County for an ADU room addition provide added potential for expansion.
The main residence offers 4 bedrooms and 2.5 baths, with an open-concept kitchen and family room, high ceilings, and abundant natural light. The single-level layout is both functional and comfortable, with space to personalize.
Additional highlights include a large backyard with room for a pool, garden, or outdoor entertaining and a long private driveway enhances the sense of seclusion while still being minutes from town.
With flexible living options and future potential, this property is a standout opportunity in a desirable location. Schedule your private showing today!
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| Jun 5, 2025 | Listed | $1,200,000 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017