8760 Highway 79
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 1, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 25, 2025 | Listed by eXp Realty of California, Inc. | $749,000 | |
| Listed by eXp Realty of California, Inc. | |||
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4 Acre ranch for sale in Descanso with two homes!! Currently being used as a multigenerational property with plenty of room to grow. It has the valuable R2 designation allowing for the two homes. The primary residence is a 3 bed 2 ba and approximately 1500 sq ft. The second residence is a 2 bed 1 bath and approximately 1000 sq ft. Both homes have had many recent upgrades. There is a central solar system feeding both homes and it’s paid off. There is also a well feeding both homes and 2 separate septic systems. Large wrap around deck on the primary home. 40x80 metal shed to house all of your toys and farm equipment with 220 at the shed next to it. This structure was used in the past for multiple horses. Spectacular views from every part of the property and it’s backed up to one of the largest ranches in Descanso. You may have a cow or two visit your back fence occasionally. Across the road is the Cleveland National Forest. You are 30 minutes from Mount Laguna, 45 minutes from Julian and 45 minutes from central San Diego.
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| Jul 21, 2020 | Sold | ||
| Sold | |||
| May 6, 2020 | Listed by eXp Realty of California Inc | $550,000 | |
| Listed by eXp Realty of California Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017