29689 Masters Drive
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 8, 2026 | Price Decreased |
$774,990
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Sep 9, 2026 | Listed by Abundance Real Estate | $799,990 | |
| Listed by Abundance Real Estate | |||
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Listed by Abundance Real Estate | $775,000 | |
| Listed by Abundance Real Estate | |||
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Welcome to this exceptional home ideally located within the Rancho California Golf Course community—just steps from the clubhouse and driving range—with NO HOA and LOW taxes. Truly one of a kind among current inventory, this beautifully updated residence offers 4 bedrooms and 3 full bathrooms, including a full bedroom and bathroom downstairs. The thoughtfully designed floor plan spans 3,233 square feet and features a true living room, formal dining room, spacious family room, dedicated office, and a well-appointed kitchen. The downstairs office includes double doors and French doors that open to a private outdoor sitting area—perfect for working from home or a quiet retreat. Upstairs, the expansive primary suite feels like a private sanctuary, complete with a fully remodeled, custom-designed primary bathroom and an oversized retreat area ideal for a nursery, sitting room, or bonus space. An additional bonus room upstairs provides even more flexibility, with ample opportunity to create extra bedrooms or office spaces as needed. Recent upgrades include brand-new LVP flooring throughout, recessed lighting, and fresh interior and exterior paint, giving the home a modern, turnkey feel. The property also offers a 3-car garage and excellent curb appeal with turf landscaping, concrete stepping pathways, a welcoming front porch, a rear porch, and an oversized side yard. Conveniently located just minutes from Temecula and within walking distance to Rancho California Golf Club, this home perfectly blends space, location, and lifestyle. A rare opportunity you won’t want to miss.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017