7385 Cosmit Ln
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 15, 2025 | Sold | ||
| Sold | |||
| Sep 18, 2025 | In contract | - | |
| In contract | |||
| Sep 2, 2025 | Price Decreased |
$779,000
↓ $50K
(6%) | |
| Price Decreased | |||
| Jun 19, 2025 | Listed by Coldwell Banker Realty | $829,000 | |
| Listed by Coldwell Banker Realty | |||
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Experience all four distinctive seasons in this gorgeous mountain retreat with views galore. Nestled in the Cuyamaca woods neighborhood of Julian, this well-maintained log home features off-grid living that is 100% solar-powered with a backup generator and shared community well, no SDGE bills ever!!! Three levels, 20’ ceilings, a chef’s kitchen, and generous square footage will never leave you feeling confined. Majestic views from the large outside deck or through the floor to ceiling windows allow you to enjoy the scenery through all four seasons. The top two floors, containing three spacious bedrooms and two bathrooms are 1,747 square feet; but the 600 sq. ft. ground-floor level has recently been turned into a studio unit with laundry bath and kitchenette to either have a great bonus room or rent out and increase the living area to approximately 2,300 sq. ft. There is also an attached 2 car garage. Tremendous opportunity awaits with the owner also selling the neighboring vacant lot to the buyer at a discount if they wish to have nearly 5.25 acres of land. Recent upgrades include mew maintenance free batteries for off grid solar system, replaced motherboard on Inverter, complete paint inside, new toilets, hardwood stairs, LVP bedrooms, Staining outside of home, new paint on front deck and stairs and new wire railing with wood pillars, back deck new paint, and everything in studio, W?D dishwasher fridge, farmers sink, central heat and garage floor redone
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| Jul 29, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017