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31396 Rivera Street
About This Property
Step inside to a spacious living room and continue into the open-concept great room, where the family room, dining area, and kitchen come together to create the perfect space for everyday living and entertaining. A cozy gas fireplace anchors the living space, while the recently remodeled kitchen features quartz countertops, a new dishwasher, a new oven, and ample cabinetry.
The primary suite provides a relaxing retreat with dual sinks, a soaking tub, and walk-in closet. Three additional bedrooms share a full bathroom, with one bedroom thoughtfully situated on the opposite side of the home and separated by the indoor laundry room, offering added privacy for guests, multigenerational living, or a home office setup.
Recent upgrades include luxury vinyl plank flooring, new carpet, fresh interior and exterior paint, and a newer roof. Abundant windows fill the home with natural light, creating a bright and inviting atmosphere throughout.
Outside, the backyard offers fresh sod, vinyl fencing, and newer wood fencing along one side, providing a private and low-maintenance outdoor space. The attached 2-car garage includes built-in storage and plenty of room for parking.
Conveniently located within walking distance of shopping and dining, this home is located in the award-winning Temecula Valley Unified School District and just minutes from Temecula Wine Country, Lake Skinner, and the area's many recreational and entertainment destinations.
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 9, 2026 | Sold | ||
| Sold | |||
| Jun 20, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Listed by LPT Realty, Inc | $619,999 | |
| Listed by LPT Realty, Inc | |||
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About Dutch Village South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017