31140 Alehzon Circle
About This Property
From the moment you walk in the door, you will feel warm and welcomed into this amazing home. Stepping down into the formal living room you will notice the beautiful fireplace with custom mantel and newer windows with custom coverings. A formal dining room located adjacent to the kitchen makes serving your meals a breeze. A built in wet bar makes fixing your special beverages a true pleasure. A large family room with fireplace and custom mantel makes a great place to entertain family & friends. The kitchen is a cook's dream with plenty of counter and cabinet space. A dining nook is a wonderful place to enjoy your morning beverage as you gaze into the beautiful backyard. The master bedroom has french doors that open out onto a covered patio. The master bath features a wonderful roman style tub to relax in after a hard days work. The backyard is a great place to enjoy our wonderful Temecula weather. Take a refreshing swim in the sparkling pool or just relax under the covered patio. There are two gated side yards if you need a great place for an animal family member. Located just minutes away from shopping, dining, entertainment, Temecula Creek Golf Course, Wine Country, I15 Freeway and within the Great Oak School boundaries, this home is a must see!!!
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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 |
|---|---|---|---|
| Apr 15, 2020 | Sold | ||
| Sold | |||
| Mar 14, 2020 | Listed by Big Block Realty | $514,999 | |
| Listed by Big Block Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017