$305,000
●
House -
Off Market
31409 Emperor Drive
Canyon Lake, CA 92587
2 Beds
2 Baths
1,777 Ft²
$523,393
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Nestled on a large corner lot, above street level sits this
private, warm and charming cottage home with East Bay lake views
from your Aluma-wood covered Flagstone terrace, leading into a
living space with fireplace and opens up into your wide kitchen
with expansive Granite lined counters, wooden cabinetry and
breakfast nook or office space. A pocket door leads to your sunken
dining room and additional living space with newer wood tile. Two
stairs up lead to a large Master suite with high ceilings, private
master bathroom with heater, Jacuzzi soaking tub and massive walk
in closet with security safe. A wide hallway with skylights leads
to the additional guest bedroom with roomy closet and private bath
with standup shower. The tranquil backyard with misters,
patio cover with flagstone, waterfall, tiered with mature producing
citrus and pomegranate trees, entire property on all on low
maintenance drip system. PAID OFF SOLAR SYSTEM One-year old heater
AC, Solar Water Heater, and whole house water filtration. Entire
house is tiled and every window has a solar shield all help in this
homes Energy efficiency. MUST SELL FAST!!!
Unit Size
1,777 Ft²
Days on Market
27 days
Land Size
0.17 acres
Price per sqft
$197
Property Type
House
Property Taxes
-
HOA Dues
$248
Year Built
1984
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SW19048487)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2020 | Sold | ||
| Sold | |||
| Nov 1, 2019 | Listed by Cochran R. E. Professionals | $434,900 | |
| Listed by Cochran R. E. Professionals | |||
| | |||
|
**Views**Low Taxes** Must see this exquisite yet affordable single story home situated on an elevated lot and located securely within the prestigious guard gated community of Canyon Lake. This turnkey home features East Bay lake views from your Alumawood covered flagstone terrace. You will enjoy the wonderful open floor plan that features a large kitchen and 3 oversized bedrooms. This completely renovated home has all brand new dual pane windows, waterproof vinyl wood flooring, recessed can lighting, and new interior & exterior paint throughout. The hallway bathroom features custom cabinetry, modern dual sinks & fixtures, quartz counters, extensive tile work and dual shower heads. The master bedroom suite features a barn door, walk-in closet w/mirrored closet doors, modern dual sinks & fixtures, a very large & spectacular walk-in shower with dual shower heads. Additional features are a less than 2 years old HVAC System, whole house water filtration system, solar water heater, low maintenance drip system water and Owned & Paid For Solar Panel System! Canyon Lake Amenities Include: Private 383 acre lake with 14.9 miles of shoreline to enjoy boating, skiing, wakeboarding, fishing & swimming activities. SLGA-rated 18 Hole private Golf Course w/Clubhouse, Restaurants, Bar, Banquet Facilities, Swimming Pools, Beaches, Parks, Picnic areas, BBQ & Campgrounds. Lighted Tennis Courts, Boat Launches, Volleyball, Basketball, Baseball & much more...
| |||
| Mar 28, 2019 | Sold | ||
| Sold | |||
| Mar 1, 2019 | Listed by Coldwell Banker Assoc Brkr-SC | $349,900 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Canyon Lake
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,000 /mo
- 2 Beds
- 1 Bath
- 1,000 ft²
$6,500 /mo
- 4 Beds
- 3 Baths
- 3,415 ft²
Listed by: Julie Frakes, Coldwell Banker Assoc Brkr-SC
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19048487
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19048487
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