817 Tumbleweed Lane
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%.
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 1, 2024 | Listed by LPT Realty | $1,599,000 | |
| Listed by LPT Realty | |||
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Welcome to this extraordinary Mediterranean-style oasis, where every inch of the 2.2-acre estate is crafted for luxury and comfort. This single-story, fully remodeled home invites you in with its stunning architecture and resort-style amenities. Panoramic views of Sleeping Indian and the surrounding mountains, this home is positioned to capture the remarkable sunrise and sunset views that can be relished from the many outdoor living areas and nearly every room. The breathtaking backyard features a crystal-clear pool framed by swaying palms and a custom gazebo—a perfect setting for both relaxation and entertaining. Step out from the primary suite's double French doors and be greeted by a spa and poolside views that stretch to a majestic mountain range in the distance. Outside, the yard is designed for easy living with pet-friendly turf, and a 3-foot decorative wall that adds both style and privacy around the pool area. The entire property is fenced and equipped with dual gated entrances for added convenience. Among the lush landscaping, you'll find a productive avocado orchard, a dragon fruit garden, and a variety of mature citrus and macadamia trees. Nature enthusiasts will love the on-site owl box, which welcomes nesting owls each year, adding a unique touch of wildlife to this serene setting. A paved walking trail, treehouse, and rolling hillside views make every corner of this property a pleasure to explore. Inside, the home exudes classic California ranch charm with vaulted, beamed ceilings and an inviting open floor plan ideal for gatherings. The centerpiece is the brick-surround double sided fireplace, perfect for cozying up during cooler months. Natural light fills the rooms, with large windows offering uninterrupted views of the scenic outdoors. Tiled floors flow throughout, and modern comforts like a paid-for solar system add efficiency to this already remarkable home. The gourmet kitchen exudes opulence with its grand center island and bar seating and one touch open microwave, Quartzite counters with backsplash, beautiful Shaker cabinets and under cabinet lighting, black stainless steel Kitchen-Aid appliances and hood, 6 burners stove with griddle, double ovens, and motion-activated faucet. The kitchen is open to the living room and family room, adjacent to the custom bar with built-in wine fridge and ice-maker. The primary suite is a true retreat with an office or sitting room, large walk-in closet, ensuite bathroom with double vanities, and a makeup area, oversized walk-in shower with 3 shower-heads, freestanding soaking tub with a quaint window and skylight creating a private garden oasis. Two additional bedrooms feature sliding doors to private patios and abundant light and beautiful views, while the fourth bedroom, currently an office, showcases a large picture window framing vistas of the driveway, poolside, and mountain backdrop. The three-car garage comes equipped with built-in storage, ample natural light, and windows that let in a refreshing breeze on warm days. This home isn’t just a place to live—it’s a lifestyle of tranquility, beauty, and sophistication. Experience it firsthand and discover why you’ll want to make this exceptional property your own. Owner Financing options.
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| Jan 10, 2020 | Sold | ||
| Sold | |||
| Nov 15, 2019 | Listed by Pacific Sotheby's Int'l Realty | $999,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
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Completely renovated and energy-efficient single-story estate located in the Morro Hills area of Fallbrook situated on 2.2 useable acres of gated privacy. Staggering panoramic views of Sleeping Indian and the surrounding mountains, this home is positioned to capture the remarkable sunrise and sunset views that can be relished from the many outdoor living areas and nearly every room. The striking custom-finished retreat-like estate completely refinished from top to bottom; new roof sheeting, tile floors. Escape through the front door to be greeted by the dynamic vaulted wood-beamed ceilings and a brick double-sided fireplace which brings the kitchen and living spaces together creating an open and flowing floor-plan. The Gourmet kitchen exudes opulence with its grand center island and bar seating and one touch open microwave, Quartzite counters with backsplash, beautiful Shaker cabinets and under cabinet lighting, black Stainless Steel Kitchen-aid appliances and hood, 6 burners stove with griddle, double ovens, and motion-activated faucet. The kitchen is open to the living room and family room, adjacent to the custom-bar with built-in wine fridge and ice-maker. The striking master suite is truly a retreat with a private patio to the pool, ensuite office or sitting room and a grandeur bath with walk-in closet, oversized shower with 3 shower-heads, freestanding soaking tub with a quaint window and skylight creating a private garden oasis. Two additional bedrooms feature private patios with sliding glass doors and the 4th bedroom is located in a separate wing of the home perfect for guests or mother-in-law retreat. Additional new features include owned PV Solar, pool solar (that also heats the hot tub) and new pool pump, Quartzite counters throughout, LED lighting, instant hot water heater, ductwork, custom pull-down blinds, Halo water softener system and whole house water filtration, high efficient irrigation system. The home is surrounded by divine outdoor sp...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017