$405,000
●
House -
Off Market
29745 Calle Palmas
Temecula, CA 92591
3 Beds
2 Baths
1,477 Ft²
$604,671
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
THIS SINGLE STORY HOME IS LOCATED IN THE HEART OF TEMECULA , CLOSE
TO SHOPS, SCHOOLS, FREEWAYS AND THE PROMENADE MALL. IT HAS A GOOD
SIZE LOT WITH A PRIVATE BACKYARD. IT HAS A SEPARATE FORMAL LIVING
ROOM AND DINING AREA WITH HIGH CEILINGS AND LOTS OF NATURAL
LIGHT.THE KITCHEN IS UPGRADED WITH GRANITE COUNTERTOPS, DECORATIVE
BACKSPLASH AND STAINLESS STEEL APPLIANCES. IT HAS AN ISLAND AND
LOTS OF STORAGE AND TILE FLOORING.THE KITCHEN OPENS INTO A GOOD
SIZE FAMILY ROOM WITH A FIREPLACE. THERE IS A SKYLIGHT IN THE
HALLWAY PROVIDING ADDITIONAL LIGHTING PLUS A WHOLE HOUSE ATTIC FAN.
THE BATHROOMS HAVE BEEN UPGRADED WITH GRANITE COUNTERTOPS. THE
MASTER BATHROOM HAS UPGRADE CABINETS AND MIRRORS.THERE IS A WALK IN
CLOSET IN THE MASTER BEDROOM.THERE IS A GOOD SIZE INDOOR LAUNDRY
ROOM WITH CABINETS.YOU CAN ACCESS THE BACKYARD FROM THE FAMILY ROOM
AND MASTER BEDROOM. LOW MAINTENANCE BACKYARD IS VERY PRIVATE. LOW
TAX RATE AND NO HOA.
Unit Size
1,477 Ft²
Days on Market
39 days
Land Size
0.18 acres
Price per sqft
$281
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW19274659)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2020 | Sold | ||
| Sold | |||
| Nov 30, 2019 | Listed by Century 21 Wright | $415,000 | |
| Listed by Century 21 Wright | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Temecula
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Listed by: Kathy Nichols, Century 21 Wright
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19274659
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19274659
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