31159 Wellington Cir
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, 2018 | No longer available | - | |
| No longer available | |||
| Oct 5, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 23, 2018 | Listed | $424,900 | |
| Listed | |||
| | |||
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Brand new SOLAR Panels! No electric bills! Low taxes and No HOA No Special assessments!! Highly desirable neighborhood! This beautiful 2,670 square foot home sits on the corner and has nearly a 10,000 square foot lot. It has 5 bedrooms and 3 full baths. It also includes a 3 car garage which has been newly insulated and a convenient sink located in the laundry room. Downstairs bedroom can be easily converted to office/den. The front door opens to impressive high vaulted ceilings in the living and dining room with lighted crown molding. Home has newer dual pane windows and cabinets throughout. Centrally located in Temecula Valley close to award winning schools, Wine Country, Costco, grocery stores, the Promenade mall and so much more. This home is a must see and a great deal! Please come by (or buy) this house and see everything it has to offer. The manager has listed the unit size as 2670 square feet.
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| Jul 18, 2018 | Listed by Realty ONE Group Southwest | $424,900 | |
| Listed by Realty ONE Group Southwest | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017