31049 Riverton Lane
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 11, 2022 | No longer available | - | |
| No longer available | |||
| Aug 31, 2022 | In contract | - | |
| In contract | |||
| Aug 4, 2022 | Listed by Allison James Estate & Homes | $550,000 | |
| Listed by Allison James Estate & Homes | |||
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Single story home with a 3 car garage, pool size lot and no HOA in Temecula!! What more can you ask for? This home was one of the models that had the sales office in the garage. There is still a partition wall that could be removed to accommodate three cars or you can have your gym/office almost ready for you to customize to your liking! Backyard sprinklers were disabled due to water restrictions. The manager has listed the unit size as 1554 square feet.
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| Aug 15, 2019 | Sold | ||
| Sold | |||
| Jul 11, 2019 | Listed by eXp Realty of California Inc | $389,999 | |
| Listed by eXp Realty of California Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017