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31211 Corte Alhambra
About This Property
Step inside to discover a freshly updated interior featuring new flooring and fresh paint throughout, complemented by attractive tile flooring in the entry, kitchen, and bathrooms. The kitchen is designed for both everyday living and entertaining, featuring granite countertops, a double oven, refrigerator, and ample cabinetry.
Both bathrooms have been tastefully upgraded, adding to the home's move-in-ready appeal. Major systems have also been updated, including a newer A/C, heater, and water heater, providing added comfort and peace of mind.
The backyard is a true retreat, featuring mature landscaping and a covered patio, creating a tranquil outdoor space perfect for morning coffee, entertaining guests, or simply relaxing at the end of the day.
The attached two-car garage offers an exceptional bonus: two separate secure storage areas that provide versatile space for hobbies, crafts, an online business, mailing supplies, seasonal storage, or whatever best suits your needs.
Enjoy the convenience of being just minutes from some of Temecula's most sought-after amenities, including Ronald Reagan Sports Park, the Temecula Public Library, Temecula Valley High School, shopping, dining, entertainment, and more.
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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 13, 2026 | Price Decreased |
$649,500
↓ $26K
(3.8%) | |
| Price Decreased | |||
| Sep 14, 2026 | Listed by CENTURY 21 Affiliated | $675,000 | |
| Listed by CENTURY 21 Affiliated | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017