962 W Ranch Rd
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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 |
|---|---|---|---|
| May 19, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by HomeSmart Realty West | $879,000 | |
| Listed by HomeSmart Realty West | |||
| | |||
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Highly upgraded ranch style home located near Lake San Marcos with a large beautifully landscaped lot on a quiet cul-de-sac. Get ready to relax on your inviting and private rear patio with a pergola, well-maintained lush lawn, an avocado, lemon, and banana trees, and two organic garden beds. No HOA’s! This charming two bedroom, two bath home boasts a light and bright open concept living area with a cozy fireplace and beautiful laminate floors, dual paned windows, a remodeled kitchen with stainless steel appliances, quartz countertops, white cabinetry with custom tile backsplash, and a large center island and breakfast bar complete with a stainless steel chimney hood. The two generous bedrooms have new carpet and there is also a non-permitted bonus room that is currently being used as a playroom, and optional third bedroom for additional space. Gorgeous remodeled bathrooms with custom tile and a walk in shower in the primary bedroom. Stunning views of the mountains from the elevated front yard, potential ocean views from the back with a second story? And room for a possible ADU? Buyer to verify with the County of San Diego. This home has so much to offer! Fantastic breezes, centralized location, close to shopping and freeways, great school district, and a two car garage. This is a must see!
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| Aug 2, 2018 | Sold | ||
| Sold | |||
| May 18, 2018 | Listed by Maxim Properties | $549,900 | |
| Listed by Maxim Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017