Listed by: Lori Cutka, LPT Realty, Inc
$605,000
●
House -
Off Market
31472 Paseo De Las Olas
Temecula, CA 92592
3 Beds
2 Baths
1,235 Ft²
$2,964
Est. Monthly
$42
HOA / Fees
5.96%
Cap Rate
About This Property
Charming Single Level Temecula Home!! Great location & easy
access to everything. 1235 sq. ft w/ 3 bedrooms & 2 baths.
Gated courtyard entry to the home. Light wood laminate
flooring was installed in the living Rm, kitchen & hallway to the
garage. Cozy brick fireplace in the family room & high
ceilings to enjoy. The eat-in kitchen has solid surface
countertops, a very generous amount of cabinetry, side by side
white refrigerator + a slider door directly to the back patio.
The main suite has a spacious bathroom with a skylight &
double sinks. Ceiling fans throughout the home. The 2nd
bedroom has a slider door to a private patio. The backyard is
spacious! Large grassy area, oversized shady patio & no
direct neighbors behind. This home is ready for a new owner's
personal touch. Perfect home to make your own vs. spending
high amounts per month in rent. Come see this property right
away!
Unit Size
1,235 Ft²
Days on Market
69 days
Land Size
0.20 acres
Price per sqft
$482
Property Type
House
Property Taxes
-
HOA Dues
$42
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: 2 years ago (CRMLS #SW24204449)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Price Decreased |
$595,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Oct 1, 2024 | Listed by LPT Realty, Inc | $599,999 | |
| Listed by LPT Realty, Inc | |||
Property Highlights
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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Listed by: Lori Cutka, LPT Realty, Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24204449
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SW24204449
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