31142 Camino Del Este
About This Property
This one is got to be the lowest priced home in Temecula. Perfect Rental Home or Second Home!
Also, Great Opportunity to live in desirable Temecula Unified School District with a low mortgage payment.
Walk to schools and parks.
Great for First Time Home Buyer or Rental....LOW Taxes and HOA.
Only Minutes away from Shopping, Mall, FWYs, and Wine Country!
******This is a Short Sale. Bank has everything just need the right offer to get Approval and get into escrow*******
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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 |
|---|---|---|---|
| Sep 30, 2019 | Sold | ||
| Sold | |||
| Jan 11, 2019 | Listed by Allison James Estates & Homes | $275,000 | |
| Listed by Allison James Estates & Homes | |||
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About Temecula
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017