31117 El Torito Court
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Apr 11, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| Nov 12, 2024 | Listed by Team Forss Realty Group | $700,000 | |
| Listed by Team Forss Realty Group | |||
| | |||
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REMODELED South Temecula Home with Convenient Commute Access on a cul-de-sac! Award winning Great Oak Highschool and a sports park just nearby. It is spacious, light-filled interior & features modern finishes and a open concept layout perfect for entertaining all year round. Gourmet kitchen with upgraded countertops, stainless steel appliances, and plenty of storage. All new LVP carries throughout the main floor of the home offering a modern color palette for decorating. Upstairs all new carpet has been put in for a fresh new look. The primary retreat is separated on opposite ends by a large loft, that could be converted into a 4th bedroom. The ancillary bedrooms offer plenty of space for growth or the work from home individual. The guest bath is completely remodeled and will not disappoint the pickiest of buyers. At the opposite end of the open walkway is the primary bedroom, with a spa like ensuite bath, giving a peaceful sanctuary to enjoy. Outside, the backyard is very private and peaceful, ideal for relaxing or hosting gatherings, with ample space for outdoor activities and a potential pool. One of this home's standout features is its unbeatable location, just steps from a community park, and greenspace to take in. Enjoy easy access to the 15 Freeway, making your commute to San Diego or surrounding areas a breeze. Plus, you're just minutes from Temecula's renowned wineries, shopping, dining, and zoned in the GREAT OAK District of Temecula Schools. Don't miss this opportunity to own a home that offers both convenience and charm in one of Temecula's most sought-after communities.
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| Aug 31, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017