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9614 Meadow Mesa Dr
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, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| May 27, 2024 | Listed by HomeSmart Realty West | $1,499,000 | |
| Listed by HomeSmart Realty West | |||
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Views Views Views!!! Welcome to the highly sought after community of Hidden Meadow in North Escondido. The finest in San Diego County. This custom built mid-century executive home sits above the clouds and has endless unobstructed views of the Pacific Ocean and Snow capped mountains. To the west, San Clemente and Catalina Island, Mount Baldy and Mount San Gorgonio to the north; Palomar Mountain and Mt Rodrigues to the east. Major renovations have been completed since 2020! Home lives like a single story and has 2 separate walk out dwellings below carved in the the natural granite rock formation which can be used as rentals, office, guest quarters etc. Both units have their own bathrooms and separate entrances. Huge wrap around deck and plenty of room for entertaining. 3 car attached garage with electric charging station. Additional 2 car tandem garage that can be converted to an ADU, work space, endless possibilities etc. Upgrades include paid solar system, Marble floors, remodeled kitchen and bathrooms, new paint, low maintenance fully landscaped yard, plumbed for propane tank which already exists on property...just to name a few. There is plenty of room for Horses/livestock on this 2 acre property which is fully fenced. Bring your for RV's, boats and trailers. Huge primary suite, oversized bedrooms, laundry room with plenty of storage throughout home. Soaring ceilings enhance the views! Move in ready, close to freeway yet has a country feel with markets, public golf course, tavern and walking trails.
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| Jun 4, 2020 | Sold | ||
| Sold | |||
| Apr 20, 2020 | Listed by Compass | $825,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017