17400 Cottrell Boulevard
About This Property
Upstairs, the standout feature is a spacious second-floor balcony deck that spans the width of the home, offering sweeping views of Lake Elsinore and the surrounding mountains. Accessible through the sliding door in the primary bedroom, this deck creates an indoor-outdoor connection and floods the space with sunlight. This primary suite includes renovated closet and bathroom areas for added style and comfort. With a garage, driveway, and a side patio that adds extra parking, this home provides space for up to six vehicles. Located minutes from the lake, hiking trails, and local amenities, this home perfectly captures the charm and outdoor lifestyle Lake Elsinore is known for.
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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 |
|---|---|---|---|
| Jun 4, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by KW Temecula | $469,900 | |
| Listed by KW Temecula | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017