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23785 Via Madrid
About This Property
Step inside to an inviting foyer framed by soaring ceilings, elegant architectural details, and abundant natural light. The formal living and dining areas offer a warm, ideal for quiet evenings at home or entertaining. The heart of the home is the bright, open concept kitchen featuring a spacious center island, granite counters, ample cabinetry, and seamless flow into the dining nook and family room. Perfect for everyday living or entertaining guests, this space is designed for comfort and connection.
This fabulous four bedroom, three bath layout includes a highly desirable main level bedroom with side yard access, perfect for guests or multi generational living. Upstairs, the expansive primary suite is a true retreat, complete with a dual sided fireplace, private view deck, and a spa inspired bathroom featuring a soaking tub, separate shower, dual sinks, and generous closet space. Additional highlights include, Indoor laundry room, oversized three car garage with built in storage, newer Milgard vinyl windows, dual A/C units and replaced ducting and insulation for energy efficiency. No HOA and low tax rates and high rated schools.
What truly sets this home apart are the unparalleled panoramic views-rolling hills, vibrant sunsets, and a sense of openness that must be experienced in person. Enjoy morning coffee on the primary balcony, unwind on the back patio at sunset, or host gatherings in the beautifully designed outdoor living spaces overlooking the valley and surrounding hills.
Conveniently located near both the 15 and 215 freeways, shopping, dining, and just minutes from the renowned Temecula Wine Country, this home offers the perfect blend of tranquility and accessibility. Schedule your private tour today and come experience this exceptional home for yourself, while you still have the opportunity.
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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 13, 2026 | Sold | ||
| Sold | |||
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Price Decreased |
$869,999
↓ $16K
(1.8%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by ERA Donahoe Realty | $885,900 | |
| Listed by ERA Donahoe Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017