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$468,000
●
House -
Off Market
31449 Corte Mallorca
Temecula, CA 92592
3 Beds
2 Baths,
1
Half Bath
2,224 Ft²
$689,579
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model
About This Property
Beautifully upgraded and turnkey home on a quiet cul-de-sac in the
heart of Temecula! This showcase property has only had 1 owner who
is ready to move out of state! Located in the center of Temecula,
this property features a spacious floorplan with high ceilings,
oversized bedrooms and has been recently remodeled. The kitchen has
been updated with granite counters, double ovens, new wood laminate
flooring and has extra cupboard space. The house has been recently
painted, new tile flooring in the secondary bathrooms, and new high
quality carpet installed on the stairs and upstairs. The new
flooring comes with a transferable warranty to the new buyers! This
home has a huge backyard that is completely flat and usable,
overlooking a park with mountain views. This gem of a property has
been very well cared for and is in excellent condition, ready for
its next owner! Very LOW taxes and HOA. Take a look at the attached
video!
Unit Size
2,224 Ft²
Days on Market
72 days
Land Size
0.22 acres
Price per sqft
$211
Property Type
House
Property Taxes
-
HOA Dues
$40
Year Built
1988
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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 #SW19102137)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2019 | Sold | ||
| Sold | |||
| May 1, 2019 | Listed by Paradyme Realty | $469,900 | |
| Listed by Paradyme Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Margarita Village - Temeku Hills
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Currently no similar homes aroundNearby Rentals
Listed by: Adam Kutchuk, Paradyme Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19102137
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SW19102137
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