31361 Taylor Lane
About This Property
Nestled in the heart of one of Temecula's most desirable neighborhoods, this beautifully maintained 1 bedroom, 1 bathroom condo offers the perfect blend of comfort and convenience. Ideal for first-time homebuyers, people looking to downsize or as an investment property. This home boasts an open floor plan, abundant natural light, and modern finishes throughout. Step inside to find a cozy living space that flows seamlessly into a well-appointed kitchen, complete with sleek countertops, ample cabinetry, and plenty of counterspace. The spacious bedroom provides a serene retreat, while the bathroom features contemporary fixtures , a walk-in closet, and a stylish design. One of the highlights of this condo is the private patio, offering beautiful views of the surrounding hills-perfect for enjoying your morning coffee or unwinding after a long day. The complex itself offers a range of amenities, including a sparkling pool & spa, fitness center, beautifully landscaped grounds, and is gated. Located just minutes from top-rated schools, shopping, hospital, medical offices dining, Pechanga and Temecula's wine country, this home offers the best of Southern California living, Don't miss your chance to own a piece of paradise in Temecula!
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Cap Rate Calculator
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 28, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 5, 2024 | Price Decreased |
$368,999
↓ $6K
(1.6%) | |
| Price Decreased | |||
| Aug 21, 2024 | Listed by ERA Donahoe Realty | $375,000 | |
| Listed by ERA Donahoe Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/21/2024
| |
1 Bed
|
1 Bath
|
864 ft²
|
$375,000
1 Bed
1 Bath
864 ft²
|
$368,999
-1.60%
10/28/2024
|
Caroll Olivares
ERA Donahoe Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017